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