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ADP Dec. report: - 693,000 jobs. I'd be interested to know how much of this is termination of Mass Layoff notice (June 2008). But not so interested to look it up and discriminate union and non-union jobs.

Diversity is the key to economic and political evolution.
by Cat on Wed Jan 7th, 2009 at 11:16:03 AM EST
Oh dear Jesse reported

Large businesses, defined as those with 500 or more workers, saw employment decline 91,000, while medium-size businesses with between 50 and 499 workers declined 321,000. Employment among small-size businesses, defined as those with fewer than 50 workers, declined 281,000. (Notice the big hit taken by the smaller businesses, where most jobs had been created in the prior recovery. This is not good, and bodes ill for safe haven aspect of the broader stock equity indices. - Jesse)

Pareto optima of fail. But we still can't tell if unions preserved jobs... at any price.

Diversity is the key to economic and political evolution.

by Cat on Wed Jan 7th, 2009 at 07:00:50 PM EST
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