12/03/2009 05:12 am ET Updated May 25, 2011

Dean Baker: The Economy Loses 824,000 Jobs And The Washington Post Doesn't Notice

One of the big pieces of news in the September jobs report released by the Labor Department yesterday was that the Bureau of Labor Statistics' (BLS) preliminary benchmark revisions showed that job loss had been 824,000 greater through March of 2009 than had been previously reported. This is a really big deal. It means that job loss averaged almost 70,000 more than originally reported each month over the year from March 2008 to March 2009.

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