Economic Calendar– 01 Dec 2010

Of course at some point Republicans will say the economy is doing well because of them!

 

The economy created 93,000 private sector jobs in November, pointing to the first signs of a turnaround in the labor market, according to the latest report from ADP and Macroeconomic Advisors.

Job creation came primarily from the service sector, which rose by 79,000, gaining for the 10th month in a row. Goods producers added 14,000, while manufacturing lost 16,000.

The ADP report reflected the biggest rise since November 2007, after an upwardly revised gain of 82,000 the month before. The October figure was originally reported as a gain of 43,000.