MarksJarvis: No jobs show up in ADP report

Posted March 31, 2010 at 6:58 p.m.

By Gail MarksJarvis | Where, oh where, will the jobs come from? Optimistic investors and economists promised jobs would be materializing by now. But instead, 23,000 more private sector jobs evaporated.

The figures released today in the so-called ADP report “call into question the growing presumption that private-sector firms have turned the corner from job shedding to net hiring,” said Goldman Sachs economist Jan Hatzius.

Get the full story: MarksJarvis on Money.

 

Comments are closed.