Community | December 02, 2009 | 1 comment

Ray of light: ADP reports 'only' 169,000 private sector job cuts in November

source: http://www.dailyfinance.com/2009/12/02/ray-of-light-adp-reports-only-169-000-private-sector-...

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TimALoftis
More progress on the U.S. employment front, as the private sector cut just 169,000 jobs in November, following a downwardly revised 195,000 job loss in October, according to data compiled in the ADP National Employment Report. The initial October job loss estimate was 203,000. Economists surveyed by Bloomberg News, however, had expected private employers to cut 150,000 jobs in November.
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    Economy,  Recession,  Jobs,  Unemployment
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1 comment // Ray of light: ADP reports 'only' 169,000 private sector job cuts in November

  • TimALoftis
    • 0
      TimALoftis  

    • On Friday the Labor department releases their job report for November. Experts are expecting a loss of around 100,000 to 125,000 jobs for the month. If true hopefully we will start seeing some job growth by January or February.

    • 2 years ago
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