Private Payrolls Dropped in March |
Wall Street Journal - Mar 31, 2010 |
Private payrolls fell in March, according to data released Wednesday. The news rattled investors and economists who had expected March would show a gain in payrolls.
Separately, U.S. factory orders posted stronger than expected gains in February, indicating a building momentum in manufacturing that could translate into gains for production and the broader economy.
Private-sector jobs in the U.S. dropped by 23,000 this month, according to a national employment report published Wednesday by payroll giant Automatic Data Processing Inc. and consultancy Macroeconomic Advisers.
Read Full Article from Wall Street Journal
- Posted: 2010-03-31 11:59:02
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