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Actually according to the US Bureau of Labor there were 340,000 jobs lost in the auto industry from 2007 to 2009. So it's actually a net loss of 110,000. http
by fshean 10y ago
Actually according to the US Bureau of Labor there were 340,000 jobs lost in the auto industry from 2007 to 2009. So it's actually a net loss of 110,000.
http://www.bls.gov/opub/mlr/2011/04/art5full.pdf http://www.bls.gov/opub/mlr/2011/04/art5full.pdf
- petra 10y agoThank you. Now the original article makes sense.
- jazzyk 10y agoAlso, some of the recent gains were driven by an unsustainable subprime auto loans - another mini-bubble about to burst. http://blogs.wsj.com/moneybeat/2016/09/30/losses-jump-for-subprime-auto-loans/ http://blogs.wsj.com/moneybeat/2016/09/30/losses-jump-for-su...