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Economic Update: An Improving Jobs Trend?
Feb 03, 2010 | 00:03:10 min
Standard & Poor's Senior Economist Beth Ann Bovino notes that this week’s employment reports kept investors a little off balance, ahead of Friday's big January jobs report. The ADP private payrolls survey was better than expected. However, the Challenger report had a different take, highlighting that January layoff announcements reached a five-month high. While presenting a relatively mixed picture, the trend has apparently improved from the triple-digit job losses of early last year.

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