U.S. Private Sector Loses 22,000 Jobs

February 03, 2010 By: Guest Category: The Economy

 The Globe & Mail - Report On Business

U.S. private employers cut 22,000 jobs in January, less than the 61,000 jobs lost in December, a report by a private employment service said Wednesday.

The December decline was originally reported at 84,000.

The median of estimates among economists surveyed by Reuters for the ADP Employer Services report, jointly developed with Macroeconomic Advisers LLC, was for a fall of 30,000 private-sector jobs last month.