Thursday, June 3, 2010

First-time jobless claims drop for second week + Private sector adds 55,000 jobs in May

[mEDITate-OR:
wonder who might be telling U.S. the truth, here...

These reports probably are closer than what we will see tomorrow. When the temp census worker hires are going to be added to the normal numbers. As Jim at CR showed U.S. the census jobs will materially impact the jobs numbers for a number of months - with the larges skewing this month and next.
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First-time jobless claims drop for second week
But claims remain at elevated levels, even as employers lift hiring
New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.
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Private sector adds 55,000 jobs in May
April’s report revised from 32,000 to 65,000, according to ADP

Private employers added 55,000 jobs in May, compared with an upwardly revised gain of 65,000 in April, a report by a payrolls processor showed on Thursday.
Job hopes rise on wave of economic data
Reports don't ‘scream strength’ but they do ‘set encouraging tone’

A handful of economic reports released Thursday raised hopes for an improving job market with fewer layoffs and more hiring.
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