Wednesday, December 1, 2010

ADP announces largest jobs increase in 3 years!!

Private-sector payrolls expanded by 93,000 in November, according to payroll giant ADP. Separately, factory expansion slowed a bit, ISM said. 

Private-sector payrolls continued to expand in November, with a large upward revision to October's number, according to data released Wednesday.

Meanwhile, manufacturing activity continued to expand in November, according to the Institute of Supply Management, but the pace of growth slowed a bit. Separately, U.S. productivity rose more than previously thought in the third quarter as companies boosted output while also holding down labor costs.
Private-sector jobs in the U.S. rose by 93,000 last month, according to a national employment report published by payroll company Automatic Data Processing Inc. and consultancy Macroeconomic Advisers. It was the largest monthly gain in ...see this article at www.wsj.com

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