Weak jobs numbers expected on Friday; validation of Obama's failure to address UE?

[sushilover]

Payroll processor Automatic Data Processing (ADP) and forecasting firm Moody's Analytics reported that employers added 118,000 new private-sector jobs last month compared to 157,000 jobs in October. Economists were expecting a gain of 125,000.

Small businesses were of particular concern, adding just 19,000 jobs.

"We think of small businesses as job creators and fuel for the economy," Heidi Moore tells The Daily Ticker. "If they're not growing, we really need to worry." Manufacturing was also hit hard, losing 16,000 jobs in November.

http://finance.yahoo.com/blogs/daily...172936377.html




Barry, you're doing a heck of a job ...

[sushilover]

Note to leftwingers: You broke it; you own it.

[flyboy56]

But what kind of jobs are they? Companies are starting to hire temporary workers for the holidays. This happens every year. And then come next month they get laid off.

[ms maggie]

But what kind of jobs are they? Companies are starting to hire temporary workers for the holidays. This happens every year. And then come next month they get laid off.

UE and these numbers are seasonally adjusted.