not see that the ADP numbers are "telling" to U.S.
Unemployment is changing, and so is who is hiring.
While we see the Federal Govt stalling on two small business lending bills...
to take a vacation..., for campaigning
the real driver of jobs in the economy is wallowing..., small business is NOT hiring.
What MIGHT be true is that they cut back to so many part time employees, that they can simply expand hours, as needed, without adding new people.
The number of hours worked DO appear to be increasing, so that might explain some of this.
But, IF we need job creation, we NEED funding for small business.
We do not have it, and might not get it.
THAT would be VERY bad news.
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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.
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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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