Private Sector Employment Fell By 203,000 Jobs In October

New York London GMT Tokyo Singapore

13:24 GMT

Nov 2009

Private Sector Employment Fell By 203,000 Jobs In October

(RTTNews) - Private sector employment continued to decrease in the month of October, according to a report released by Automatic Data Processing, Inc. (ADP) on Wednesday, although the pace of job losses slowed for the seventh consecutive month.

The report showed that non-farm private employment fell by 203,000 jobs in October following a revised decrease of 227,000 jobs in September. Economists had expected a loss of 198,000 jobs compared to the decrease of 254,000 jobs originally reported for the previous month.

For comments and feedback: contact editorial@rttnews.com

Posted in Categories: Economy, Releases, USA.

If you like this article please...

Subscribe by RSS Subscribe by Email

Email This Post To A Friend

Recent Market Opinions:

Recent News:

New Home Sales Jump 6.2% In October - 6 mins ago
*U. Of M. Consumer Confidence 67.4 - 8 mins ago
*New Home Sales (Oct.) Up 6.2% To 430K Pace - 10 mins ago
Jobless Claims Drop To Lowest In Fourteen Months - 10 mins ago
World Bank’s Zoellick: Asset Bubbles Could Be The Next Fragility - 18 mins ago

Opinions From Our Contributors

Commodities Gold’s Looking A Bit Stretched Does The Gold ETF Rally Have Legs? The New Crude Oil Benchmark That Could Change The Oil Market’s Price Dynamics Why Gold Prices Could Fall From Here… And Two Ways To Play The Move Gold Rush Creating Issues For Gold Buyers Will Copper Continue To Shine In ‘09? When Do We Sell Gold? Silver ETFs: More Gains To Come? Oil Seems Like It’s Going Nowhere… But The Story Is Very Different Below The Surface Distorted IEA Oil Reserve Figures Create Biofuel Opportunities In “White Gold” Region Of Central Asia Read More »	Financials As Bank Failures Increase In The US, FDIC Has Only Two Options Left US Government Admits AIG Folly AIG And Its Counterparties Washington Examiner: “A Fox Is Guarding The Henhouse At The SEC” US Home Prices Continue To Rise Bank Of America Call Options In Hot Demand Stock Market News: HP, Analog Devices, Heinz, Medtronic Report Strong Results, Citigroup Selling Diners Club To Bank Of Montreal Stock Market Briefs: Twitter May Consider IPO, Tyson Foods Beats Estimates Don’t Count Out Actively Managed ETFs U.S. Bank Failures Reach 124 Read More »	Exchange Traded Funds 3 Reasons Why ETNs Are Shrinking Positioning For Year-End Murdoch’s Gamble: Will It Benefit Media ETFs? Why Agriculture ETF Outlook Appears Promising Is Low Interest Creating A Sovereign Debt Bubble? Protect Yourself Against An Imminent Stock Market Correction Japan ETFs: The New War They’re Waging India ETFs: Too Much, Too Soon? Physical Gold, Silver And Oil Out-Performing Their Stocks? ETF Update: Health Stocks And Health Care Legislation Read More »
Stocks The US Bond Market Could Be Sniffing Out The Dying Rally In Stocks Improved Global Outlook Spurs India Stock Market Stock News Briefs: GM May Keep Saab After Deal Falls Apart; US 3Q GDP Revised Down; Qualcomm Antitrust Inquiry Dropped Indian Stock Markets: Sensex Up 67.87 Points On Wednesday Stock Picks For Wednesday: Cell Therapeutics, Tellabs And American Oriental Bioengineering Stock Market Outlook Remains Positive Singapore Stock Market Updates US Bonds Are Blasting A Warning Another Options Strategy For Income Investors Option Traders Barter For Calls On EBAY Read More »	Forex Is The US Dollar Ready To Rally? British Pound: The Downside Prevails Euro: Under Pressure Wednesday’s Forex Outlook EUR/USD Breaks Above 1.5000 Today Risk Aversion Takes A Back Seat In Forex Markets Australian Dollar: Caution Swiss Franc: The Downside Prevails Canadian Dollar: Caution Japanese Yen: Under Pressure Read More »	Economy Interesting Articles To Read Why Pimco’s Fleeing From Mortgage Debt Into Government Debt US Housing Has Never Been More Affordable Federal Reserve Statement: No News Is Good News? Summary Of Holiday Spending Surveys & Reports Consumer Confidence Increasing The Great Louisiana Healthcare Rip-Off Consumer Attitudes: The Future Of Saving And Spending Will Emerging-Market Outperformance Last? Economic Highlights: GDP Up 2.8%, Corporate Profits Increase By $130 Billion Read More »