ADP Says U.S. Companies Decreased Payrolls by 371,000
Companies in the U.S. cut fewer jobs in July as the worst recession since the Great Depression eased, a private report based on payroll data showed today.
The estimated 371,000 drop, higher than economists forecast, followed a revised 463,000 drop the prior month, figures from ADP Employer Services showed today.
Stabilization in housing and manufacturing and help [...]