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Services sector grows, job losses decline

Source: Washington Post
Chicago : IL : USA | about 1 month ago  
Views: 4
The U.S. services sector, which represents about 80 percent of U.S. economic activity, grew for the second consecutive month in October, while the labor market also showed signs of improvement in data published on Wednesday. The U.S. Institute for Supply Management's services index slipped to 50.6...
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  • News Source: Asian Wall Street Journal | 19 days ago
    This copy is for your personal, non-commercial use only...Daimler AG said Wednesday it plans to cut around 1,000 jobs at its German Mercedes-Benz passenger-car operations as part of a wider move to trim costs and streamline the company.
  • News Source: CNN | 20 days ago
    The nation's employment picture continued to deteriorate in October, although the rate of decline continued to slow, according to two reports issued Wednesday. Automatic Data Processing, a payroll-processing firm, said private-sector employers cut...
  • News Source: International Business Times | 20 days ago
    The U.S. services sector grew modestly for a second month in a row in October and private sector employers cut jobs at the slowest pace in more than a year, adding to signs the economy is crawling back to health. The Federal Reserve -- the U.S.
  • News Source: United Press International | 20 days ago
    U.S. job cuts dropped 16 percent in October compared with September, the third consecutive monthly decline, a private employment report said Wednesday. Challenger, Gray & Christmas Inc., a Chicago-based international outplacement firm, said there...
  • News Source: The Orange County Register | 20 days ago
    U.S. private companies, not counting farms, eliminated 203,000 jobs in October, the seventh straight month in which job losses were less than the previous month, according to the ADP National Employment Report released today. The company also...
  • News Source: United Press International | 20 days ago
    Non-farm job losses slowed September to October for the seventh consecutive month, Automatic Data Processing reported Wednesday. ADP revised it's August to September job losses from 254,000 to 227,000 and said the most recent month saw a loss of 203,...
Blogs
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  • Blog Source: www.financialpost.com
    The October job cuts were the lowest since March 2008, when employers said they would shed 53579 workers, and the October numbers are 51% below the year-ago announced layoffs. For the year through October, announced job cuts are up 36% ...
  • Blog Source: www.dailyfinance.com
    Further, the services sector -- formerly a U.S. strength during the recent economic expansion -- lost 65000 jobs in October. The goods-producing sector slashed 117000 jobs and manufacturing shed 65000 positions. The construction sector ...
  • Blog Source: 2fastgo.com
    Private employers shed 203000 jobs last month, fewer than a revised 227000 jobs lost in September, a report by a private employment service said.
  • Blog Source: www.theglobeandmail.com
    Payroll firm ADP's monthly employment report found that the U.S. private sector shed another 203000 jobs in October - worse than economists had expected, although it does continue a seven-month trend of shrinking monthly job losses. ...
  • Blog Source: www.actionforex.com
    ADP Employment Shows Private Employers Shed 203K Jobs in October! The ADP employment report showed that private employers shed in October 203000 jobs following the prior revised 227000 lost jobs reported back in September and slightly below ...
  • Blog Source: www.ritholtz.com
    ADP said the private sector shed a net 203k jobs in Oct, a touch more than expectations of a drop of 198k. It is though the smallest amount of job losses since July '08 but is now running 21 straight months. Sept was revised up by 27k ...
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  • jonesdel

    @jonesdel Challenger, Gray & Christmas: planned job cuts announced by U.S. employers declined for the third consecutive month in October, falling 16%

    20 days ago
  • davidmwessel

    @davidmwessel Ouch. ADP/Macroadvisers payroll survey sees 203k drop in jobs in October.

    20 days ago
  • pkafka

    @pkafka Still hundreds of job cuts at Time Inc, tho http://bit.ly/3XXOWt

    20 days ago

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