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February 2010 ADP Employment Report shows a decrease of 20,000


Wednesday, March 3rd, 2010

 

The February 2010 ADP Employment Report shows Nonfarm private employment decreased 20,000 from January 2010 to February 2010

Some positive points include Manufacturing up 3000 and Services up 17000.

Please note that from December 2009 to January 2010 Nonfarm private employment was revised to 60,000 with November to December 2009 showing a decline of 61,000.

The ADP National Employment Report is a measure of employment for United States derived from an anonymous subset of roughly 500,000 U.S. business clients.



source: www.adpemploymentreport.com


Article by James Jones

The views expressed are the subjective opinion of the article's author and not of FinancialAdvisory.com



Tags: adp employment report