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Curb your enthusiasm... The ADP report showing private businesses added 201K jobs in August...

  • Thursday, September 6, 2012, 5:29 PM ET
    Curb your enthusiasm... The ADP report showing private businesses added 201K jobs in August still isn’t strong enough to cut the 8.3% U.S. jobless rate significantly any time soon. With ~12.8M unemployed, a monthly pace of 200K new jobs coupled with the typical number of entrants into the labor force means a 6% jobless rate won’t be hit until late 2015 or early 2016.
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This news story has 1 comment:

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    It is if you fudge the number surrounding people available to work.
    6 Sep 2012, 06:40 PM Reply Like
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