ADP Says U.S. Companies Decreased Payrolls by 371,000
• Bloomberg.comThe estimated 371,000 drop, higher than economists forecast, followed a revised 463,000 drop the prior month, figures from ADP Employer Services showed today.
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Wow! Another startling revelation!
People are getting laid off to the tune of a quarter of a million per month and rocket scientist ADP reports that companies are decreasing their payroll...no shit!