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U.S. Loses 742,000 Private Jobs Lost in March in Worst Ever ADP Report

A survey of private employment in the U.S. showed a record 742,000 jobs were lost in March , the worst result in the series history. Economists had been expecting 663,000 jobs lost in the Automatic Data Processing report. The previous month's print...

Published Wed, Apr 04 2009 8:19 AM by CEP News Feed

Filed under: job losses
U.S. Sheds 651k Jobs in February, Unemployment Rate Rises to 25-Year High

The U.S. economy shed 651,000 jobs in February , the fourth month in a row that job losses have been more than half-a-million. The unemployment rate rose five-tenths to 8.1%, the highest rate since December 1983. Economists had forecast a loss of 650k...

Published Fri, Mar 03 2009 8:38 AM by CEP News Feed

Filed under: job losses
Another 697,000 Private Jobs Lost in the U.S., ADP Says

A survey of private employment in the U.S. showed another 697,000 jobs were lost in February. The private employment survey figure suggests that forecasts for 650,000 job losses in Friday's official statistics may be a fair estimate. Economists had...

Published Wed, Mar 03 2009 8:19 AM by CEP News Feed

Filed under: job losses, adp report
U.S. Sheds 598k Jobs in January, Unemployment Rate Rises to 7.6%

The U.S. economy shed 598,000 jobs in January , the third month in a row that job losses have been more than half-a-million. The unemployment rate rose four-tenths to 7.6%, the highest rate since January 1993. The consensus forecast was expecting 540...

Published Fri, Feb 02 2009 8:38 AM by CEP News Feed

Filed under: job losses, unemployment
Another 522,000 Job Losses, ADP Says

A survey of private employment in the U.S. showed another 522,000 jobs were lost in January . The private employment survey figure suggests that forecasts for 535,000 job losses in Friday's official statistics may be a fair estimate. Economists had...

Published Wed, Feb 02 2009 8:24 AM by CEP News Feed

Filed under: job losses
Job Losses Make 2008 Worst Labour Year in Six Decades

The U.S. economy lost more than half-a-million jobs in the final month of the year, and though the cutback doesn't match the damage seen in November, unprecedented losses in the fourth quarter helped to make 2008 the worst year for employment since...

Published Fri, Jan 01 2009 10:57 AM by CEP News Feed

Filed under: job losses
Nearly 700k Jobs Disappeared in December, ADP Survey Says

Private non-agricultural employment in the United States fell by much more than consensus with a decline of 693k jobs in December , according to a report released from Automatic Data Processing on Wednesday morning. The previous month's data were...

Published Wed, Jan 01 2009 8:19 AM by CEP News Feed

Filed under: job losses
Half a Million Job Losses Consistent with 5% Decline in Q4 GDP

Over half a million jobs got slashed in November , the steepest monthly decline in more than three decades and the 11th straight month of net job losses. The report suggests the U.S. recession is deeper than previously expected, which supports the notion...

Published Fri, Dec 12 2008 9:43 AM by CEP News Feed

Filed under: job losses, nonfarm payrolls
"Apocalyptic" ISM Services Index Signals Half a Million Job Losses, Analysts Say

The services sector deteriorated more than expected on multiple fronts in November, but no component was as bad as the employment index , which many economists say points towards half a million net job losses in the November nonfarm payrolls report to...

Published Wed, Dec 12 2008 10:56 AM by CEP News Feed

Filed under: job losses, ism
Initial Jobless Claims Hold Steady at 479k

Initial claims for unemployment benefits in the United States fell in line with the consensus expectation, holding steady at 479k in the week ending Oct. 25, the Department of Labor reported on Thursday. Continuing claims fell to 3.715 million for the...

Published Thu, Oct 10 2008 8:35 AM by CEP News Feed

Filed under: job losses

30 Yr FRM	4.95%	-0.02%
15 Yr FRM	4.32%	-0.01%
1 Yr ARM	4.22%	-0.05%
5/1 Yr ARM	4.05%	-0.06%
30 YR Tres	4.56%	-0.03%
Fed Prime	3.25%	0.00%
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