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04-01-2009, 12:26 PM #1
U.S. private sector axes 742,000 jobs in March
http://www.reuters.com/article/newsOne/ ... F820090401
U.S. private sector axes 742,000 jobs in March
NEW YORK (Reuters) - Job losses in the U.S. private sector accelerated in March, more than economists' expectations, according to a report by ADP Employer Services on Wednesday.
Private employers cut jobs by a record 742,000 in March versus a 706,000 revised cut in February that was originally reported at 697,000 jobs, said ADP, which has been carrying out the survey since 2001.
The big drop foreshadows a huge decline in the non-farm payroll reading in the government's employment report that will be released on Friday, some analysts said.
"It's a terrible number. It is almost a loss of three quarters of a million jobs which is possibly the highest we have seen so far over the length of this crisis," said Matt Esteve, foreign exchange trader with Tempus Consulting in Washington.
U.S. stock futures and the dollar fell after news of the bigger-than-expected job losses, while U.S. Treasury bonds regained some of their lost ground.
Economists had expected 655,000 private-sector job cuts in March in the ADP report, according to a recent Reuters poll.
(Reporting by Richard Leong and Nick Olivari, Editing by Chizu Nomiyama)
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04-01-2009, 12:40 PM #2
And still the greedy amnesty special interests are pushing mass amnesty schemes during these very difficult times for American workers. Outrageous!
Use these stats in your calls to Congress as big reasons why they should support immigration enforcement and oppose "comprehensive reform" mass amnesty.
Those 7.7 million illegal alien jobs should/must go to Americans.Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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04-02-2009, 03:13 AM #3
Lost your home, too bad; lost your savings, too bad; work for GM? That's really too bad, 'cause we want to lock up Congress with those grateful illegal voters.
Californians should call Boxer, Feinstein, and Pelosi tomorrow - just in case they've been too busy working on amnesty and missed this latest bombshell. (I don't know if they'll accept calls from outside California. Does anyone know?)
Boxer, Barbara (D-CA)
DC Phone: (202) 224-3553 Fax: (202) 224-0454
San Francisco Phone: (415) 403-0100 Fax: (415) 956-6701
Los Angeles Phone: (213) 894-5000 Fax: (213) 894-5042
Sacramento Phone: (916) 448-2787 Fax: (916) 448-2563
San Diego Phone: (619) 239-3884 Fax: (619) 239-5719
Fresno Phone: (559) 497-5109 Fax: (559) 497-5111
San Bernardino Phone: (909) 888-8525 Fax: (909) 888-8613
http://boxer.senate.gov/contact/email/policy.cfm
Feinstein, Dianne (D-CA)
DC Phone: (202) 224-3841 Fax: (202) 228-3954
San Francisco Phone: (415) 393-0707 Fax: (415) 393-0710
Fresno Phone: (559) 485-7430 Fax: (559) 485-9689
Los Angeles Phone: (310) 914-7300 Fax: (310) 914-7318
San Diego Phone: (619) 231-9712 Fax: (619) 231-1108
http://feinstein.senate.gov/public/inde ... Us.EmailMe
Pelosi, Nancy CA (D) 8th
DC202-225-4965 202-225-8259
sf.nancy@mail.house.gov
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04-02-2009, 07:45 AM #4
- Join Date
- Jan 1970
- Location
- Houston, Texas
- Posts
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If I get one in person to talk to me, then yes, they would indeed accept a call from outside California.
In this dark time, we can only forget our differences and fight the darkness together.
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