Private sector adds 91,000 jobs in Sept

[NNN0LHI]

http://www.reuters.com/article/2011/10/05/us-usa-economy-instant-idUSTRE7942B020111005

NEW YORK | Wed Oct 5, 2011 9:55am EDT

NEW YORK (Reuters) - U.S. private-sector employers added 91,000 jobs in September, above economists' expectations, a report by a payrolls processor showed on Wednesday.

[Dawgs]

1. That's it?

Oy!

[Swede]

2. A bit of good news. Better than zero or negative.

Ways to go yet.

[LiberalAndProud]

3. The problem is ...

"It looks like we're still seeing the private sector create jobs, which is consistent with a slow-growing economy. The problem is the government sector is cutting jobs. So it looks like we'll get a weak, but slightly positive, jobs number on Friday."
--GARY THAYER, CHIEF MACRO STRATEGIST, WELLS FARGO ADVISORS, ST. LOUIS, MISSOURI

[HappyMe]

4. Wonder how many are temporary extra

help for the holidays.

[Modern_Matthew]

5. I'd say just about all of them. nt

[FarCenter]

6. September is too early for holidays -- and the report is seasonally adjusted numbers

http://www.adpemploymentreport.com/pdf/FINAL_Release_September_11.pdf

[NNN0LHI]

7. They were all hired for the Labour Day rush according to some around here

:rofl:

[FarCenter]

8. Good! They must have held on to the job after Labor Day

The ADP report is based on payroll data for the 12th of the month or the nearest day after.

http://adpemploymentreport.com/PDF/REVISED_METHODOLOGY_DEC_2008.pdf

[Dreamer Tatum]

9. Most of the hires were by small business, so let's be sure to BF them with new taxes

to pay for the jobs bill.

[mmonk]

10. Or we could continue to cut out the public sector and its employment

which will reduce demand and insure they don't hire.

[Dreamer Tatum]

11. Or we could make employers of 500 and fewer exempt from new taxes. nt