More On Unemployment
A San Jose bankruptcy lawyer has more on unemployment...
In light of today’s Labor Department announcement that the US added approximately 200,000 jobs, a report from payroll processor ADP, states all those jobs are government jobs - and mostly temporary ones from the Census Department.
It is said that the private sector lost approximately 23,000 jobs in March.
ADP further reported the following: small business job loss at 12,000, medium business job loss at 4,000 employees, and large business dropped 7,000 workers.
Meanwhile, service-sector jobs gained 28,000 employees, and there was a 9,000 job loss by factory companies; all in March.
On March 18th, Obama signed the jobs bill giving private-sector employers a break on payroll taxes for the remainder of 2010 if they employ the unemployed. Judging by the above stats, it remains just as important to retain employees as it is to hire new ones.
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