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01 Dec 2010 11:05

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Biz: Like contradictory jobs data? Here’s some good, then some bad

  • 93k the growth in private-sector employment last month (nice!)
  • 03/07 the last time job growth was that high in a single month (pre-recession)
  • ten consecutive months of private-sector job growth source
  • » Not all rosy: The above tally, by payroll processor ADP, is definitely positive, but separate data by outplacement firm Challenger, Gray & Christmas says that employers were looking to cut jobs, too – at a rate of 48,711 last month, the highest level in six months. Gotta love contradictory data, but the firms tend to focus on different part of the employment life process.