97,000 private-sector jobs added in May, ADP says
97,000 private-sector jobs added in May, ADP says
http://www.marketwatch.com/news/story/97000-jobs-added-may-adp/story.aspx?guid=%7BA368D323%2DF801%2D4884%2DABCA%2DD230CDB6004D%7D
This is hardly catastrophic, but it is the fourth straight sub-100,000 number," wrote Ian Shepherdson, chief economist for High Frequency Economics. He said he sees "a sharp slowing from the trend at the turn of the year" that will bring the U.S. unemployment rate up and force the Federal Reserve off the fence regarding interest-rate policy.
This is called recession.
http://www.marketwatch.com/news/story/97000-jobs-added-may-adp/story.aspx?guid=%7BA368D323%2DF801%2D4884%2DABCA%2DD230CDB6004D%7D
This is hardly catastrophic, but it is the fourth straight sub-100,000 number," wrote Ian Shepherdson, chief economist for High Frequency Economics. He said he sees "a sharp slowing from the trend at the turn of the year" that will bring the U.S. unemployment rate up and force the Federal Reserve off the fence regarding interest-rate policy.
This is called recession.
posted by De's Adventures | 8:04 AM
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