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Economic Update: Snow Jobs
Mar 03, 2010 | 00:03:15 min
Standard & Poor's Senior Economist Beth Ann Bovino notes that this week's employment reports helped calm investors ahead of Friday's big February jobs report. While the ADP private payrolls survey was worse than expected, the big snow storms took most of the blame, and the pace of job losses has slowed. Although it's an encouraging reading, February’s initial claims data may suggest otherwise.

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