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IPFS News Link • Economy - Economics USA

ADP Disaster: Just 38K New Private Jobs In May

06-01-2011 • BusinessInsider.com/

The number: Pretty ugly. Just 38K new private sector jobs in May. That's well below the 175K jobs that were expected. It's a major confirmation of the recent slowdown, and a very ominous sign ahead of Friday's big jobs report. You can download the full report here. This chart shows the turndown:

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