EconWatch.com > Economy Sheds 532000 Jobs; Planned Layoffs Show Drop - Economy ...
[CNBC's Top Business Stories from the US] The median forecast of economists surveyed by Reuters for the ADP Employer Services report, jointly developed with Macroeconomic Advisers LLC, was for 520,000 private-sector jobs lost in December.
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[The Economic Populist - Speak Your Mind 2¢ at a Time] ADP Employment Report - Another Yellow Weed | The Economic Populist: Nonfarm private employment decreased 532,000 from April to May 2009 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of
[MarketWatch Community - Comments - JanPaul] Private sector cuts 532000 jobs in May, ADP says - MarketWatch: To get an apples-to-apples comparison with the Labor Department report, you have to add in about 13,000 jobs typically gained in the public sector. That suggests total payrolls fell by about 520,000 in May, compared with the MarketWatch consensus of 500,000 for the Labor Department's estimate.
[The Big Picture] ADP | The Big Picture: Bernanke's testimony on the economy in front of the House Budget Committee strikes a similar tone as the previous FOMC statement with respect to economic activity and the less negative theme but still expects rises in the unemployment rate over the next few months as it lags. The expectations of a 2nd half rebound, albeit modest, still has caveats as consumer spending remains weak and credit conditions still remain tight.
[NewsDaily: Business Headlines] NewsDaily: U.S. private sector axes 532000 jobs in May: The median forecast of economists surveyed by Reuters for the ADP Employer Services report, jointly developed with Macroeconomic Advisers LLC, was for a loss of 520000 private-sector jobs in May. U.S. sheds fewest jobs in 6 months.
[ETF Trends] Midday Market Update: Why Wall Street's In The Red | ETF Trends: Worries about the overall health of the economy were fueled by a private-sector report on unemployment published by ADP. The ADP National Employment Report stated that employers shed 532000 jobs in May, a bit higher than forecast, .
[TruthAlliance.net] TruthAlliance.net > News > 532000 US Jobs Lost In May: The Labor Department report is expected to show that the economy shed 550,000 jobs in May, slightly more than the 539,000 reported for April, according to a consensus estimate of economists complied by Briefing.com. The unemployment rate is predicted to rise to 9.2% from 8.9%.
[home: iStockAnalyst.com Feed] US Stock Futures Slip On Weak ADP data, Toll Brothers (NYSE: TOL ...: ADP survey on Wednesday reported that a total of 532000 private-sector jobs were lost in May. Economists had projected a drop of 525000 .
[ORL Financial Matters] US private sector shed 742000 jobs in March: ADP (AFP): People wait in line to get into the Brooklyn Diversity Career Fair at the Brooklyn Academy AFP - The US private sector shed a more than expected 742000 jobs in March as employers slashed payrolls amid prolonged recession, payrolls firm .
[Finfacts Ireland Business & Finance Portal] US private sector jobs fell by 532000 in May; Factory orders rose ...: Nonfarm private employment decreased 532,000 from April to May 2009 on a seasonally adjusted basis, according to the ADP National Employment Report. The estimated change of employment from March to April was revised by 54,000, from a decline of 491,000 to a decline of 545,000.
[Loan Calculator- loans blog for news about interest rates] Loan Calculator- loans blog for news about interest rates: Wall ...: Testifying before the House Budget Committee, Mr Bernanle said: “Even as we take steps to address the recession and threats to financial stability, maintaining the confidence of the financial markets requires that we, as a nation, begin planning now for the restoration of fiscal balance.”
[The Gaea News] US economic concerns weigh on world markets; Britain's FTSE hit by ...: As well as Friday’s U.S. jobs report, investors will be closely monitoring Thursday’s interest rate decisions from the European Central Bank and the Bank of England. Though they are expected to keep their benchmark rates at 1 percent and 0.5 percent respectively, investors will be interested to see what the two banks say about the economic outlook after some recent encouraging data.
[The Disciplined Investor] TrimTabs vs. ADP (different stories) | The Disciplined Investor: Sausalito, CA - May 6, 2009 - TrimTabs Investment Research estimated today that the U.S. economy shed 745,000 jobs in April as wages and salaries plunged an adjusted 5.7% year-over-year. TrimTabs estimated that the economy shed a record 5 million jobs in the past 12 months.
[MarketWatch Community - Comments - dryheavesdaily] ADP report shows biggest job loss in nearly 6 years - MarketWatch: Although the report shows a fragile job market, "this is not a recession-like report," said Joel Prakken, top economist for Macroeconomic Advisers LLC, which computes the index from anonymous payroll data supplied by Automatic Data Processing Inc.
[Talk Back] Talk Back » Blog Archive » Thursday's Jobless Claims And The ...: Released Wednesday, the Challenger survey of layoff plans for businesses and governments indicates improvement in April, as did the ADP advance estimate of private sector employment losses. However, the Challenger survey is of a more limited sample than Labor Department jobless claims, and the ADP survey is an erratic indicator of the official Labor Department jobs numbers due out Friday.
[Market Talk] Market Talk » Blog Archive » Don't Wave A Red Flag At A Charging Bull: ADP said the economy shed 491,000 jobs in April, well off of the market’s expectations that the report would come in showing a loss of 650,000. That quickly turned stock futures around, because it fits in with the general theme that’s buoyed this rally, which is that the rate of decline is improving.
[Top news] Wall Street slides after data; energy weighs | Top news: NEW YORK (Reuters) - US stocks dropped on Wednesday on weaker-than-expected economic data, and energy and resource shares, led by Chevron, fell after. IXIC) shed 9.14 points, or 0.50 percent, to 1827.66.
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