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Private employers added 217,000 jobs in February

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Private employers added 217,000 jobs in February

Post by Jen on Wed Mar 02, 2011 10:45 am

Private employers added 217,000 jobs in February
ADP figures come ahead of U.S. government’s big monthly jobs report

http://www.msnbc.msn.com/id/41865718/ns/business-stocks_and_economy/
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Re: Private employers added 217,000 jobs in February

Post by Jen on Wed Mar 02, 2011 10:58 am

These ADP numbers are almost always wrong. Even if they are right, it is still not enough. I want to see more jobs than just enough to cover the new grads that month. We need jobs for the 30 million unemployed!
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Re: Private employers added 217,000 jobs in February

Post by Jen on Wed Mar 02, 2011 11:12 am

http://www.bloomberg.com/news/2011-03-02/u-s-companies-added-more-than-estimated-217-000-jobs-last-month-adp-says.html

http://money.cnn.com/2011/03/02/news/economy/challenger_adp_jobs/index.htm?source=cnn_bin&hpt=Sbin
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Re: Private employers added 217,000 jobs in February

Post by Jen on Wed Mar 02, 2011 1:32 pm

Johnson Calls Forecasting U.S. February Jobs `Hazardous'
http://www.youtube.com/watch?v=uNi556MFgAQ
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Re: Private employers added 217,000 jobs in February

Post by mrgolf on Wed Mar 02, 2011 2:39 pm

I forget the number (saw it published somewhere) but it is a tremendous number of jobs that must be created each month just to stay even
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Re: Private employers added 217,000 jobs in February

Post by pc on Wed Mar 02, 2011 4:36 pm

I think it was 350,000 jobs a month to stay even and the GDP needs to stay at 3% for unemployment to go down

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Re: Private employers added 217,000 jobs in February

Post by mrgolf on Wed Mar 02, 2011 4:47 pm

pc wrote:I think it was 350,000 jobs a month to stay even and the GDP needs to stay at 3% for unemployment to go down
Thanks
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