think that everything looks the same...
Medium & Small businesses did hire.
Large businesses did not.
Services expanded - a lot.
employment in the service-providing sector rose by 77,000 in October, the ninth consecutive monthly gain.
Construction & Manufacturing contracted:
Construction employment has declined for over three years and the total decline in construction jobs since the peak in January 2007 is 2,313,000.
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According to the ADP Report:
employment in the service-providing sector rose by 77,000 in October, the ninth consecutive monthly gain.
This increase was enough to offset an employment decline in the goods-producing sector of 34,000.
Manufacturing employment declined 12,000 during October, the second consecutive monthly decline.
Large businesses, defined as those with 500 or more workers, saw employment decline 2,000
while employment among medium-size businesses, defined as those with between 50 and 499 workers, increased by 24,000.
Employment among small-size businesses, defined as those with fewer than 50 workers, increased by 21,000.
In October, construction employment dropped 23,000. Construction employment has declined for over three years and the total decline in construction jobs since the peak in January 2007 is 2,313,000.
Employment in the financial services sector dropped 2,000. Financial Services employment has declined for over 3 years.
==========U.S. private-sector employment up 43,000: ADP
http://www.marketwatch.com/story/private-sector-jobs-rise-43000-in-october-adp-2010-11-03?reflink=MW_news_stmp
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US private-sector employment increased by 43,000 in October
http://www.finfacts.ie/irishfinancenews/article_1020941.shtml
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ADP: Private Employment increases by 43,000 in October
http://www.calculatedriskblog.com/2010/11/adp-private-employment-increases-by.html
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