Wednesday, January 6, 2010

ADP Jobs Report shows an Increase in Service Jobs

This morning ADP reported that overall jobs were down 84,000 last month, but the service sector actually saw an increase in jobs.

Jake at economPic Data created the chart below that nicely shows how it has been well over a year since the service industry was a net producer of jobs on a month-on-month basis.

Unfortunately, manufacturing has steadily been dropping drops for years & years.

Click on Chart for a Larger Image.

If you wish to read the entire ADP December 2009 Jobs report, click here.

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