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Private sector adds 119,000 jobs in April: ADP
Reuters via YahooNews ^ | May 2, 2012 | Leah Schnurr

Posted on 05/02/2012 5:43:29 AM PDT by Rennes Templar

NEW YORK (Reuters) - Private employers added 119,000 jobs in April, far fewer than expected, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 177,000 jobs. The report is jointly developed with Macroeconomic Advisers LLC.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: unemployment; unexpectedly
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To: bgill

and how bad can things get.....well

BREAKING NEWS: March factory orders fall 1.5 percent, largest drop in three years - Reuters


21 posted on 05/02/2012 7:15:10 AM PDT by sunmars
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To: Rennes Templar
Elsewhere: "A Labor Department report in two days is projected to show that private payrolls accelerated in April, while unemployment held at 8.2 percent."

BLS jobless numbers have been tracking upwards, ADP private sector new job creation has cratered hitting only 67% of expectations, and Obama's Ministry of Truth says private payrolls accelerated? The freakin' accelerated alright! In the wrong direction.

Previous month's data has been revised down.

Factory orders crater.

Meanwhile, Obama cooks the books to keep U3 at 8.2%.

Batten down the hatches. The double-dip is here.

Wait ... this just in ... Obama killed Osama bin Laden!

22 posted on 05/02/2012 7:40:22 AM PDT by magellan
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To: All

Fewer people looking for work, fewer jobs available is good you idiots, now go back to the NFL draft, Dancing with the stars, American Idol...

signed, MSM


23 posted on 05/02/2012 7:44:22 AM PDT by newnhdad (Where will you be during the Election Riots of 2012/2013?)
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To: Rennes Templar

Yeah Baybeee, yeah!

Recovery summer!


24 posted on 05/02/2012 7:56:01 AM PDT by headstamp 2 (Liberalism: Carrying adolescent values and behavior into adult life.)
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To: Rennes Templar
is that 119,000 MORE than were laid off??? or simply hired?
25 posted on 05/03/2012 4:36:20 AM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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