Companies eliminated more jobs than forecast in August, a private survey indicated today, signaling that employers have yet to gain confidence about a recovery from the deepest recession since the 1930s.
The 298,000 drop followed a revised 360,000 decline the prior month that was smaller than previously estimated, according to figures from ADP Employer Services.
U.S. Companies Cut 298,000 Jobs in August
US prices rose 2.7% in the year to November, according to federal data released a day...
The job market continues to show signs of cooling.U.S. employers added just 64,000 jobs in November,...
