Reuters
U.S. private sector cuts 697,000 jobs in February
Wednesday March 4, 8:35 am ET
NEW YORK (Reuters) - U.S. private sector job losses accelerated in February, according to a report by ADP Employer Services on Wednesday that came in worse than economists' expectations.
ADP said private employers cut 697,000 jobs in February versus a revised 614,000 jobs lost in January. The January job cuts were originally reported at 522,000.
Economists had expected 610,000 private-sector job cuts in February, according to the median of 23 forecasts in a Reuters poll, which ranged widely from a drop of 730,000 to losses of 500,000.
(Reporting by Burton Frierson; Editing by James Dalgleish)
- Forums
- ASX - By Stock
- DJIA
- u.s. private sector cuts 697,000 jobs in febru
u.s. private sector cuts 697,000 jobs in febru
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DJIA (INDEXDJX) to my watchlist
|
|||||
Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a |
Open | High | Low |
26,683 | 0.00 | 0.00 |