Wednesday, August 5, 2009

ADP Data Less Catastrophic

ADP NATIONAL EMPLOYMENT REPORT SHOWS U.S. EMPLOYMENT DECREASED BY 371,000 PRIVATE SECTOR JOBS IN JULY.

US ADP JULY PAYROLLS DROP WAS SMALLEST SINCE OCTOBER 2008.

Nice!
We are only expected to lose 371,000 jobs in July.
Less Catastrophic is good news.

Futures Unchanged.

1 comment:

  1. Less Bad is always more good in times of great uncertainty.

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