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October 2011 ADP National Employment Report
Employment in the U.S. nonfarm private business sector increased by 110,000 from September to October on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today. The estimated advance in employment from August to September was revised up to 116,000 from the initially reported 91,000. Today’s ADP National Employment Report suggests that the recent trend in private employment remains moderate, and probably is below a pace consistent with a stable unemployment rate. This rate of moderate job creation reflects the sluggish pace of GDP growth exhibited earlier this year. ... (full story)
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