Wednesday, October 30, 2013

ADP: Private sector job growth sags to 130K

 

"This decline started months ago, and it’s not a decline from a starting point of strength, either. In the past 12 months, we’ve had only one month of even decently strong hiring, with another just barely over the 200K mark.  This economy needs 150,000 jobs added every month just to keep pace with population growth. Five of the last twelve months didn’t even cross that treading-water threshold in a series that routinely overstates actual BLS job-growth numbers, and four of those misses are in the previous seven months."     [Hot Air]

 

 

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