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Good News On The Jobs Front, Except From Yahoo
Originally published on Wed April 4, 2012 9:56 am
On the plus side, the ADP National Employment Report issued this morning estimates there were 209,000 jobs added to private employers' payrolls in March. And ADP's data often are something of a predictor for what the Bureau of Labor Statistics will have to say when it issues its monthly numbers. Those March figures are due on Friday at 8:30 a.m. ET.
But on the minus side, Yahoo announced this morning that it's trimming another 2,000 jobs — about 14 percent of its workforce.