Nonfarm private employment decreased 742,000 from February to March 2009 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of employment from January to February was revised down by 9,000, from a decline of 697,000 to a decline of 706,000.

And this number will likely be revised downward. Remember when a couple hundred thousand job losses a month was shocking? And a large chunk of this large number is based here at home in California.

Yay.

Tags: no really we're really fucking fucked this time

This entry was posted on Wednesday, April 1st, 2009 at 21:10.