U.S. Lost 20,000 Private Sector Jobs in February
03/03/2010
Big businesses, having more than 500 employees, saw an employment dip of 10,000, while smaller companies, those with less than 50 workers, saw a decline of 18,000, according to the report. Employment was up among mid-sized companies by 8,000. That's the first increase since a year ago January.
In January, the construction segment saw employment drop 41,000, the smallest dip since July 2008 and employment in the financial services segment dropped 6,000.
February's ADP Report states that employment in the manufacturing sector increased by 3,000, the first growth seen in the manufacturing sector since January of 2008.
Most Read
-
-
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
Q4 2019
-
Finding Talent in a Time of Economic Change
Q2 2020
-
Hitting the Reset Button: How to Pivot the Perception of Economic Development
Q2 2020
-
Innovation in America Reaches New Heights
Q2 2020
-
Mid-size Markets Competing for Business and Winning
Q1 2020
-
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019