NewsMine — economy — united-states — 2008-jun-jul — Viewing Item

79k private sector jobs lost on one month { June 2008 } Original Source Link: (May no longer be active)    http://biz.yahoo.com/cnnm/080702/070208_employment.html http://biz.yahoo.com/cnnm/080702/070208_employment.html CNNMoney.com Payroll report: 79,000 private sector jobs lost in June Wednesday July 2, 8:52 am ET The number of private sector jobs fell by 79,000 in June, according to a payroll report released Wednesday, with the decline exceeding economists' forecasts. The National Employment Report from Automatic Data Processing showed a 76,000-job drop for goods-producing businesses, the 19th monthly decline in a row, coupled with a 3,000 job decline in the services sector. A majority of the production job losses came from the manufacturing sector, which lost 44,000. Economists polled by Briefing.com had expected jobs to decline by 20,000 in June. The ADP report measures non-farming private employment based on payroll data.

10k gm workers from truck plants laid off { April 2008 } 79k private sector jobs lost on one month { June 2008 } Bad news barrage drops dow 360 { June 26 2008 } Biggest jump in teen jobless rate in 60yrs { May 2008 } Consumer confidence fell more than expected { May 2008 } Corn jumps to record on speculation { May 2008 } Crash warning for next 3 months issued { May 2008 } Dow plunges 400 { June 6 2008 } Fed auctions 75b to ease credit stress { June 2008 } Fed blames inflation on high prices { June 12 2008 } Jobless rise shows deeply troubled economy { June 6 2008 } Losses from credit crisis may exceed trillion { June 18 2008 } Oil jumps as dollar slides again { June 5 2008 } Possible catastrophy as ecb fights fed { May 2008 } Speculators blamed for gas and food prices { May 2008 } Starbucks closing stores in struggling economy { July 2 2008 } Stocks fall below 1200 { May 2008 } US floods hits food prices { June 17 2008 } Worst of credit crisis yet to come { June 18 2008 } Years of credit recession while finance sector consolidates Files Listed: 20

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