Don’t bet on it! From CNN, of all places, comes news of the more realistic ADP Report.
NEW YORK (CNNMoney.com)—In a surprising flash of good news for the U.S. economy, businesses added jobs in March, according to a survey of private sector employers released Wednesday.
Payroll services firm ADP’s employment report showed an increase of 8,000 private sector jobs last month.
Economists were expecting a decline of 45,000 private sector jobs, according to Briefing.com.
The report showed a revised loss of 18,000 jobs in February, which was the first decline in the two years ADP has been tracking employment data.
“This is an unexpected piece of constructive news,” said Bob Brusca, an economist at FAO Economics. “It suggests that the job market isn’t getting unequivocally worse.”
Bat One - 09:04pm on 04/03/2008
In the future, we need a president who will appoint a “Bubble Czar”. Someone whose only job it is is to see bubbles forming in the economy and head them off before they get too frothy.
Dot.com, real estate - any time the value of a commodity rises about its fundamental intrinsic value as an asset used for its intended purpose, and money is lended to buy that asset at its inflated price, disaster soon follows.
Bill Mitchell - 06:04am on 04/04/2008
What did everyone expect when the “minimum wage” was jacked up?
Kevin - 08:04am on 04/04/2008
Hillary is telling the story on the stump, of a little boy who pushes his way through the crowd, and Hilly has to bend down to hear him say his mother works for minimum wage, and when they raised minimum wage, her employer cut back her hours!
There’s a shock for you! Who woulda thunk it?
Don’t bet on it! From CNN, of all places, comes news of the more realistic ADP Report.
In the future, we need a president who will appoint a “Bubble Czar”. Someone whose only job it is is to see bubbles forming in the economy and head them off before they get too frothy.
Dot.com, real estate - any time the value of a commodity rises about its fundamental intrinsic value as an asset used for its intended purpose, and money is lended to buy that asset at its inflated price, disaster soon follows.
What did everyone expect when the “minimum wage” was jacked up?
Hillary is telling the story on the stump, of a little boy who pushes his way through the crowd, and Hilly has to bend down to hear him say his mother works for minimum wage, and when they raised minimum wage, her employer cut back her hours!
There’s a shock for you! Who woulda thunk it?