ADP Nonfarm Private Employment Highlights – September Report:
• Total employment: -254,000
• Small businesses* -100,000
• Medium businesses** -93,000
• Large businesses*** -61,000
• Goods-producing sector: -151,000
• Service-providing sector: -103,000
• Manufacturing industry: -74,000
* Small businesses represent payrolls with 1-49 employees
** Medium businesses represent payrolls with 50-499 employees
*** Large businesses represent payrolls with more than 499 employees
Archive for October, 2009
October 25th, 2009 by admin
Summary of the National Economic Situation
October 11th, 2009 by admin
Summary of the National Economic Situation
Nearly 7 million workers have lost their jobs since the economic downturn began. If the economy were to rebound sharply, the job market would have to create 400,000 jobs a month, every month, for two years to put those people back to work. Even if the recession is technically [...]