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Job loss eases, but remains steep - ADP
Automatic Data Processing, a payroll-processing firm, said private-sector employers cut 371,000 jobs in July. It was the smallest monthly total since last October.
Report says private sector jobs fell at the smallest monthly rate in 9 months, but separate survey says planned reductions surged 31%. http://money.cnn.com/2009/08/05/news...ion=2009080507 _____ If this was happening under Bush, the headline would be: "Job Losses Exceed Estimates as Economy Continues Decline" |
They are running out of people to layoff.
:D |
Actually, it's unemployment extension checks that will run out first - starting this month.
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