Thursday, July 02, 2009

ADP Estimates U.S. Companies Cut Payrolls by 473,000 (Update2) - Bloomberg.com

And yet the President wants to take on more and more and more...you think it's bad now...wait til Cap and Trade...WAKE UP AMERICA-PLEASE WAKE UP!!!

ADP Estimates U.S. Companies Cut Payrolls by 473,000 (Update2) - Bloomberg.com:

By Courtney Schlisserman

July 1 (Bloomberg) -- Companies in the U.S. cut more jobs than forecast in June, according to a private report today, showing the labor market will be slow to improve even as other parts of the economy indicate the recession is abating.

The 473,000 drop in the ADP Employer Services gauge followed a revised reduction of 485,000 workers in May that was smaller than previously estimated."

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