ADP released its October National Employment Report on Wednesday.
ADP reports that nonfarm private business sector jobs increased by 110,000 from September to October on a seasonally adjusted basis.
Employment in the service sector rose 114,000 in October. Employment in the goods-producing sector declined 4,000 in October, while manufacturing employment declined by 8,000.
You can find the full ADP National Employment Report at http://www.adpemploymentreport.com/pdf/FINAL_Report_October_11.pdf
Today the Labor Department released its October jobs report.
Non-farm jobs increased by 80,000 – with most of the increase coming from the service sector. Manufacturing jobs increased by 5,000.
Why the difference in reported jobs?
For the most part, it’s caused by differences in the methodologies used. ADP also bases its report on representative companies that ADP tracks.
You can read the full Labor Department report at http://www.bls.gov/news.release/pdf/empsit.pdf
By the way, no blogs the week of the 7th – I’ll be in Death Valley with no computer access.
If you need to reach me, try the ranch at Furnace Creek.
Ask for Charlie, tell him you know Slim and you want to leave a message for Cole.
Jake can find me.
