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Posted on January 5, 2011 | tags

 
 

Biz: Could unemployment rate drop? Key indicator looks very positive

  • 297k new payrolls among private employers in December, according to payroll processor ADP, which tracks stuff like this
  • 100k new payrolls were expected in the December survey, so this is an extremely positive sign for economic growth
  • eleven straight months of growth for private-sector payrolls … but will unemployment drop? (those numbers will come Friday) source