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Job Losses Accelerate As The Recession Worsens

Discussion in 'Fundamental Analysis' started by ActionForex.com, Dec 3, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    According to ADP, non-farm employment decreased 250k in November and that the loss of jobs in October was 179k, worse than previously estimated. November's loss of jobs was driven by the goods-producing sector which declined by 158k, the twenty-fourth consecutive monthly decline. Manufacturing lost 118k jobs, the twenty-seventh straight monthly...

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