Wednesday, September 30, 2009

US private sector sheds 254,000 jobs in Sept

More "Green Shoots"...
WASHINGTON (AFP) – The US private sector shed 254,000 jobs in September, payrolls firm ADP said Wednesday in a survey showing some improvement in the brutal pace of layoffs.

The ADP report came ahead of Friday's monthly report on the US job market, which is expected to show a loss of another 180,000 jobs and the unemployment rate rising from the current 9.7 percent to 9.9 percent.

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