Economic Report: ADP Employment Report
US employment in the private sector fell by a record 742,000 in March, according to the ADP employment report released Wednesday. The loss follows a downwardly-revised February in which payrolls were lower by 706,000, not the initially reported 697,000. The number was below estimations, as economists were looking for job losses in the range of 660,000.
Economic Report: ADP Employment Report
US employment in the private sector fell by a record 697,000 in February, according to the ADP employment report released Wednesday. This follows a downwardly-revised January in which payrolls were lower by 614,000, not the initially reported 522,000. The number was below estimations, as economists were looking for job losses in the range of 630,000.
Intel, ADP and the Indian Enron
Several factors conspired to push the DJIA down 245 points today. First came news that Indian outsourcing giant Satyam was cooking the books (via WSJ): The chairman of one of India’s largest information technology companies admitted he concocted key financial results including a fictitious cash balance of more than $1 billion, a revelation that sent .. read more
ADP Employment Report
US employment in the private sector fell by 157,000 in October after a downwardly revised September, according to the ADP employment report released Wednesday. The number was way below estimations, as analysts were expecting a 102,000 decline in private sector payrolls. The loss was the biggest since November 2002.
Employment Reports
US employment in the private sector fell by 33,000 in August after a downwardly revised July, according to the ADP employment report released Thursday. The number was below estimations, as analysts were expecting a 25,000 decline in private sector payrolls. The goods-producing sector had employment loss of 78,000, the ADP index showed. The manufacturing sector lost 56,000 .. read more
