Thumbs Down: Private Sector Adds Jobs
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What? Why thumbs down if jobs were added? Well, not enough jobs were added. Business - get with the program - start hiring so we can get America back to business. - Dan.
From the Wall Street Journal | June 30, 2010
Private payroll gains were muted in June as small businesses cut jobs, according to data released Wednesday.
Private-sector jobs in the U.S. increased by 13,000 last month, according to a national employment report published by payroll giant Automatic Data Processing Inc. and consultancy Macroeconomic Advisers.
Economists had expected ADP to report a jobs gain of 60,000 for June. The estimated change in employment for May was revised to a gain of 57,000 from an increase of 55,000 first reported.
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