Wednesday, April 1, 2009

ADP: US lost 742,000 jobs | csmonitor.com

These numbers are even higher than the official Labor Department numbers. Because ADP pays 1-in-6 private sector employees in the United States every pay period across a broad range of industries, firm sizes, and geographies, it has a unique and significant perspective on the U.S. labor market.

That’s the biggest loss ever recorded by ADP, a national payroll processor, since it began tracking unemployment in 2000.

To read more, click on the following:

ADP: US lost 742,000 jobs | csmonitor.com

To Read the ADP Report directly, go to:  http://www.adpemploymentreport.com/pdf/FINAL_Report_March_09.pdf

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