It's safe to say that the current job market is in the pits.
Since the recession began in December 2007, 4.4 million jobs have been lost; more than half of that decline occurred between November 2008 and February 2009, according to the most recent data from the Bureau of Labor Statistics.* Additionally, there are 12.5 million unemployed people and the unemployment rate was 8.1 percent in February 2009. Also in that month, employment declined in nearly all major industries.
The only industry to add jobs in February was health care, with a gain of 27,000 jobs. Job growth occurred in ambulatory health care and in hospitals, adding 16,000 and 7,000 jobs, respectively, according to the BLS.