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March 5, 2008
ADP payroll report posts a decline
The Automatic Data Processing (ADP) employment report shows a loss of 23,000 jobs in February. I would look for Friday's BLS payroll survey to be pretty flat--maybe 50K in either direction. We shall see.
Tomorrow, I'm in the Quad Cities for an economic outlook breakfast. William Strauss from the Chicago Fed is the keynote speaker. I may have more to say after that.
Posted by William Polley at March 5, 2008 11:51 AM
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