Triangle Business Today

Jobs are the focus

Posted November 2, 2011

We’re on a jobs focus this week with both the ADP and October employment figures being released.

The ADP numbers out on Wednesday showed that the private sector added 110,000 jobs in October – a slightly better than expected figure but still in line with what most analysts think will continue the trend of unemployment hovering around the current rate of 9.1 percent.

Friday’s number could provide some heavy market movement if it comes in significantly off of the current figure.

ADP, unemployment data show jobs direction ADP, unemployment data show jobs direction


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About this Blog:

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, blogs about economic trends and data and their impact on Triangle business. Each week, he interviews a Triangle-area business leader for a personal look at the local economy.