Job losses continue but at slower rate, reports say

Nov 04, 2009 | 12:30 PM |

Nonfarm private employment fell by 203,000 jobs in October from September on a seasonally adjusted basis, according to payroll company ADP Inc., but the number of planned job cuts appears to be slowing.

The September estimate of U.S. job losses vs. August was revised downward 10.6 percent to 227,000 from an earlier estimate of 254,000, ADP said Wednesday.....

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