Report indicates ‘surprisingly weak’ job gains
Editors Note: We had to laugh when we saw this headline ‘surprisingly weak’ so we republished it for your amusement and yes there are people who are surprised , not understanding the simple face that bigger government merely consumes resources and produces none . PJ
Private-sector nonfarm employment grew by 119,000 jobs on a seasonally adjusted basis in April, according to the national employment report released today by Roseland-based Automatic Data Processing, which revised its March numbers down to 201,000, from the initial report of 209,000.
The number of jobs added, which came in below expectations, was “surprisingly weak,” said Joel Prakken, chairman of Macroeconomic Advisers LLC, which co-authors the monthly report with ADP. (Tarbous, NJBIZ)
I’m shocked, shocked to find that gambling is going on in here!