Fear Of Major Layoffs Drops To Lowest Level Since '08, Survey Finds

Portrait of smiling professionals and workers with business people in background
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The financial crisis officially began with the collapse of Lehman Brothers in Sept., 2008. Five years later and the economy is down a net total of 240,000 jobs, at latest count, according to the Bureau of Labor Statistics. That figure hardly qualifies as a wash; over the last half-decade the American economy "should have been adding [jobs], instead of trying to recoup the jobs that have been lost," as Heidi Shierholz, an economist with the liberal and non-profit Washington D.C.-based Economic Policy Institute, recently told AOL Jobs.