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| | |-+  325,000 Private Sector jobs added in December.
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Author Topic: 325,000 Private Sector jobs added in December.  (Read 434 times)
Alaska Thunderfvck
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« on: January 05, 2012, 09:19:07 am »
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ADP, a payroll processing business, says U.S. companies added 325,000 private-sector jobs in December, according to Bloomberg. Expectations had been forjob growth of around 178,000, Business Insider reports.

Also, weekly jobless claims are down 15k at 372,000 now.
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ALLONS-Y!
Tender Branson
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« Reply #1 on: January 05, 2012, 09:36:48 am »
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Probably a lot of temporal hires in there, but otherwise a good sign ...
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memphis
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« Reply #2 on: January 05, 2012, 10:35:36 am »
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This isn't the official gov't number. It's just what a private company says. Still good news. We'll see what the gov't says tomorrow.
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greenforest32
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« Reply #3 on: January 05, 2012, 11:23:11 am »
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This isn't the official gov't number. It's just what a private company says. Still good news. We'll see what the gov't says tomorrow.

When do they usually release the state numbers? Two weeks after the national numbers?
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Tender Branson
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« Reply #4 on: January 06, 2012, 08:22:31 am »
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Let's say +268.000 jobs, rate down to 8.4%

Numbers should be out in about 10 minutes.
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Tender Branson
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« Reply #5 on: January 06, 2012, 08:32:02 am »
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WASHINGTON (MarketWatch) - The U.S. economy gained 200,000 jobs in December and the unemployment rate fell to 8.5%, the Labor Department said Friday. Economists surveyed by MarketWatch had forecast the U.S. would add 150,000 jobs last month, with the jobless rate edging up to 8.7% from an initially reported 8.6% in November. Subtracting another decline in government jobs, the private sector boosted payrolls by 212,000. Average hourly earnings rose 0.2% last month to $23.24 and hours worked edged up to 34.4. Job gains for November and October were little changed. The U.S. created 1.64 million jobs in 2011.

http://www.marketwatch.com/story/us-economy-created-200000-jobs-in-december-2012-01-06
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BushKenya
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« Reply #6 on: January 07, 2012, 04:51:27 pm »
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This is cautiously optimistic news for the Obama administration and should help in their re-election bid.  Hopefully, the economy can continue to improve in the late winter and spring months once the Christmas hiring dies off or is laid off.
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phk
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« Reply #7 on: January 07, 2012, 05:18:08 pm »
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This is cautiously optimistic news for the Obama administration and should help in their re-election bid.  Hopefully, the economy can continue to improve in the late winter and spring months once the Christmas hiring dies off or is laid off.

If it's supposed to be seasonally adjusted than temps don't even count in the first place.
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BushKenya
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« Reply #8 on: January 07, 2012, 05:20:01 pm »
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This is cautiously optimistic news for the Obama administration and should help in their re-election bid.  Hopefully, the economy can continue to improve in the late winter and spring months once the Christmas hiring dies off or is laid off.

If it's supposed to be seasonally adjusted than temps don't even count in the first place.

That's true, which should help the President out even more.
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You are that rare species: a Bible-thumpin' Liberal.
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