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Wednesday, March 4, 2009

WORSE THAN EXPECTED EMPLOYMENT NUMBERS

The ADP National Employment Report
February, 2009

Nonfarm private employment decreased 697,000 from January 2009 to February 2009 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of employment from December 2008 to January 2009 was revised down by 92,000, from a decline of 522,000 to a decline of 614,000. read full report..

4 comments:

  1. And yet The Masters of the Universe who created this abomination and their Boards of Toadies are still gainfully employed. Go figure. In the alternate universe these charlatans inhabit, if the Captain of the Titanic had survived they would fall over themselves giving him a new ship.

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  2. so true. how long will ken lewis last? especially after running it into the ground yet still making $10m

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  3. The way these guys talk, you'd think all of this was caused by some natural disaster over which they had no control, like a flood or tornado. Which is worse, they had no idea what was going on in their own house, or they knew but did nothing? Either way, they ALL, boards included, need to join the growing ranks of the unemployed.

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  4. Geithner gave an interview in 2006 saying he knew derivatives bad but until we had real crisis, we won't know what to do w/them. Well here we are and he still doesn't know what to do w/them.

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