Oct. ADP Jobs Report: -203K vs. -203K expected and -227K prior (revised from -254K). October...

|By:, SA News Editor
Oct. ADP Jobs Report: -203K vs. -203K expected and -227K prior (revised from -254K). October marks the seventh month of declining job losses. "Nevertheless, despite recent indications that overall economic activity is stabilizing, employment, which usually trails overall economic activity, is likely to decline for at least a few more months." According to ADP, 7.2M private-sector jobs have been lost since the recession began.