Read latest news on mortgage rates, foreclosures, new home sales, home price indices, housing price boom & crash, commercial property trends etc
HOT REAL ESTATE NEWS FROM ACROSS THE WORLD
Pace of private sector job losses slows Wednesday, February 03, 2010
NEW YORK (Reuters) – The pace of job losses in the private sector slowed in January as employers reported the smallest payroll decline in nearly two years while demand for home loans hit a six-week high last week, data showed on Wednesday.
A report by ADP Employer Services showed the United States lost 22,000 private sector jobs last month, smaller than the 61,000 jobs lost in December and economists' forecasts for a 30,000 loss in January. December's decline was first reported at 84,000.
January's tally was the lowest since February of 2008, according to the ADP report, developed jointly with Macroeconomic Advisers LLC.
"The trend continues to get less worse. This is consistent with job growth returning in the United States," said Dave Sloan, senior economist at 4Cast Ltd in New York. "I do believe the U.S. economy is now strong enough to create jobs."
The ADP data comes two days before the government releases its more comprehensive nonfarm payrolls report, which is expected to show the economy added 5,000 jobs in January after shedding 85,000 the prior month.
Recent Searches
New houses in houston, latest housing news usa, latest us real estate news, trends in interest rates 2007 to 2010, seasonal home matainence in new york, austin new house builder, 6500 tax credit occupancy, miami new home developments, houses in minneapolis for sale, exclusive realty in georgia, gated town homes communities in connecticut, irs long-time resident 6500, houston apartment builders,condos and townhouses for sale in ohio, exclusive new homes georgia, town properties in cincinnati, dream home builders utah, Cincinnati realestate, dream home builders,utah
new apartments in san francisco, new apartments in san francisco, new apartments for sale in san francisco, californiacondobuilders, list of new home builders in ohio, cheap real estate across us, utah troubled banks, gated community real estate hawaii, new apartment for sale atlanta,top home builders in us, best town in colorado, should fannie mae and freddie mac be abolished, bank of america foreclosure complaints, city realcom latest news, home builders hawaii, Washington DC real estate, hot commercial real estate markets, apartments builders in dallas, new houses in philadelphia, home loan submit site, troubled utah banks, new home builders in tennessee, new houses in ga, town home for sales los angeles, town home for sales los angeles, houston apartment builders, houston apartment builders, exclusive real estate florida, exclusive homes florida, new home builders hawaii,new apartments in colorado,new apartments in colorado,best condo in los angels for rich singles
Follow on Twitter
Latest US Realty News
Add News Feed
News Headlines XML