Private-sector cut 697,000 jobs in February, ADP says

government hires are on the rise.

As private sector business shrinks under the weight of ever increasing taxes, the only employer left will be the government. And Obama will have his dream come true. Everyone will be a government employee.

The perfect perpetual tax machine. the government pays it's employees, taxes them and uses those taxes to pay them ahhh the symmetry is breathtaking.

Didn't you say gold would be worth $2500 an ounce by the end of 2008? I'm tired of hearing all of this glooom and doom because taxes are going up 3% for the rich and the guy sitting in the oval office has a D next to his name. Give me a break. The biggest problem all of us should be worried about from any president is the massive loss of civil liberties from the Bush era.

i never said anything about the price of gold ever. Find the post if you can or shut the fuck up.

And you are an even bigger idiot than I thought you were if you think a little income tax hike is all that will happen.
 
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I doubt we can point to any one factor here. Consumer spending seems to be a big problem. Taxes are moot if people aren't buying your shit. I can see the logic of lowering taxes for the middle class as they have to spend a higher proportion of their income than the upper class to survive. They can't opt not to spend/invest most of their income based upon paranoia/uncertainty like the rich.

yep nobobdy has confidence that the moron from chicargo can fix anything. he is just making it worse, people will hold their money for a rainy day,

Every single public poll shows exactly the opposite of what you say. Every single one of them. But hey, who can trust polls, right? Isn't that what you said back in October when they showed Obama in the lead?



well dippy doo doo maybe you should back away from the MSNBC or CNN polls and pay attention to wall street.. oh yea and main street.. If people had confidence they would be buying stock and spending money but they are not.. know why,, cause asshole demonized wall street and the rich,,, and doom and gloomed the future,, hence people are tightening down
 
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government hires are on the rise.

As private sector business shrinks under the weight of ever increasing taxes, the only employer left will be the government. And Obama will have his dream come true. Everyone will be a government employee.

The perfect perpetual tax machine. the government pays it's employees, taxes them and uses those taxes to pay them ahhh the symmetry is breathtaking.

I understand that concern, Skull.

I think its a tad overstated, but it has validity.

The government should be the employer of last resort. Ideally, the private secotor creates jobs, not the government.

Sadly, as our economy collapses we approach that time when that might become the case for far too many Americans.

Of course it was overstated, i thought that touch of sarcasm was obvious.

But my point remains. the income tax raise for the "rich" is NOT what I am arguing about. We will see more taxes on businesses, higher unemployment taxes, possibly higher payroll taxes, and the biggie will be the cap and trade tax. when energy costs double or triple because of it, many small businesses will not be able to stay afloat.
 
yep nobobdy has confidence that the moron from chicargo can fix anything. he is just making it worse, people will hold their money for a rainy day,

Every single public poll shows exactly the opposite of what you say. Every single one of them. But hey, who can trust polls, right? Isn't that what you said back in October when they showed Obama in the lead?

well dippy doo doo maybe you should back away from the MSNBC or CNN polls and pay attention to wall street.. oh yea and main street.. If people had confidence they would be buying stock and spending money but they are not.. know why,, cause asshole demonized wall street and the rich,,, and doom and gloomed the future,, hence people are tightening down

Are you insane?? People are staying out of the market right now because it's volatile. The reason why the market is volatile is because of the housing crisis which is STILL ongoing and employers are STILL cutting jobs. No one's buying stocks right now because they're afraid of what the market is doing. When the housing crisis is solved, Wall Street will stabilize.

But of course - you don't see it that way because you don't bother to research the reasons. You just automatically assign blame to the guy in the Oval Office because he's a Democrat. You've not once in any way shape or form articulated any reasoning or understanding of our economy other than everything that's wrong is the fault of the Democrats. We had a Republican president for 8 years and a Republican Congress for six years. If the conservative philosophy was really the best idea for this country, wouldn't we be seeing that today?? Wouldn't de-regulation lead to bigger economic expansion? Wouldn't lower taxes lead to more jobs?

We tried your ideas for 8 years - and look where we are now!
 
government hires are on the rise.

As private sector business shrinks under the weight of ever increasing taxes, the only employer left will be the government. And Obama will have his dream come true. Everyone will be a government employee.

The perfect perpetual tax machine. the government pays it's employees, taxes them and uses those taxes to pay them ahhh the symmetry is breathtaking.

Didn't you say gold would be worth $2500 an ounce by the end of 2008? I'm tired of hearing all of this glooom and doom because taxes are going up 3% for the rich and the guy sitting in the oval office has a D next to his name. Give me a break. The biggest problem all of us should be worried about from any president is the massive loss of civil liberties from the Bush era.

i never said anything about the price of gold ever. Find the post if you can or shut the fuck up.

And you are an even bigger idiot than I thought you were if you think a little income tax hike is all that will happen.

Oh here we go. Doom and gloom. While you're at it, go tell me how the government was secretly behind 9/11, how we downed TWA flight 800, UFOs, alien autopsies, bat boy, the 2000 pound man married to a supermodel... and hey, if you believe that this economy is going to completely burst into flames and we'll have a socialist economy, I've got a Brooklyn Bridge to sell you for $1. :cuckoo:
 
government hires are on the rise.

As private sector business shrinks under the weight of ever increasing taxes, the only employer left will be the government. And Obama will have his dream come true. Everyone will be a government employee.

The perfect perpetual tax machine. the government pays it's employees, taxes them and uses those taxes to pay them ahhh the symmetry is breathtaking.

Clinton raised taxes on the wealthy in 1993, and we all know the damage that it produced. The longest sustained economic boom in our nations history.

We are approaching a monthly job loss rate of one million. But all you people can do is stand in left field, cheering this debacle on.

The current debacle is the result of greed on the part of the very rich. It is the result of deregulation of policies controlling business that were the result of the last Great Republican Depression. Now we are entering the Second Great Republican Depression because of that deregulation. And all you people can do is cry great tears because the very rich might have to pay a few percentage points more out of their incomes. But no tears for the young family out on the street after six months of unemployment. No tears for children whose parents cannot afford the medical care that they need.

You people are disgusting

Rock, I hate to burst your version of history, but it was Reagan who started the boom, not Clinton. Clinton did have the sense as to not listen to you. He didn't throw a monkey wrench into the spokes of the economy. Yes he did raise taxes...but the economy was going at a pretty good rate. it did slow down towards the end of his terms, and a mini recession was well on its way. Nice try there, buckeroo.
 
Didn't you say gold would be worth $2500 an ounce by the end of 2008? I'm tired of hearing all of this glooom and doom because taxes are going up 3% for the rich and the guy sitting in the oval office has a D next to his name. Give me a break. The biggest problem all of us should be worried about from any president is the massive loss of civil liberties from the Bush era.

i never said anything about the price of gold ever. Find the post if you can or shut the fuck up.

And you are an even bigger idiot than I thought you were if you think a little income tax hike is all that will happen.

Oh here we go. Doom and gloom. While you're at it, go tell me how the government was secretly behind 9/11, how we downed TWA flight 800, UFOs, alien autopsies, bat boy, the 2000 pound man married to a supermodel... and hey, if you believe that this economy is going to completely burst into flames and we'll have a socialist economy, I've got a Brooklyn Bridge to sell you for $1. :cuckoo:


Have you defined rich....yet? If you don't think that Pelosi is a socialist, I will sell you that Brooklyn Bridge. It's not going to happen overnight, but the foundation is being set, and you falling for it. My next question is are youi a socialist? Because if you are it's sensless to argue with you.
 
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Didn't you say gold would be worth $2500 an ounce by the end of 2008? I'm tired of hearing all of this glooom and doom because taxes are going up 3% for the rich and the guy sitting in the oval office has a D next to his name. Give me a break. The biggest problem all of us should be worried about from any president is the massive loss of civil liberties from the Bush era.

i never said anything about the price of gold ever. Find the post if you can or shut the fuck up.

And you are an even bigger idiot than I thought you were if you think a little income tax hike is all that will happen.

Oh here we go. Doom and gloom. While you're at it, go tell me how the government was secretly behind 9/11, how we downed TWA flight 800, UFOs, alien autopsies, bat boy, the 2000 pound man married to a supermodel... and hey, if you believe that this economy is going to completely burst into flames and we'll have a socialist economy, I've got a Brooklyn Bridge to sell you for $1. :cuckoo:

Again ass wipe, if you can find any where i have stated any of those idiocies in your post find them of shut the fuck up.

And when have i even used the word socialist? Your straw men are bursting into flames as we speak.

I merely stated that you are an idiot if you think the only tax we will see is a tax on those super rich people making more than $250K
 
government hires are on the rise.

As private sector business shrinks under the weight of ever increasing taxes, the only employer left will be the government. And Obama will have his dream come true. Everyone will be a government employee.

The perfect perpetual tax machine. the government pays it's employees, taxes them and uses those taxes to pay them ahhh the symmetry is breathtaking.

Clinton raised taxes on the wealthy in 1993, and we all know the damage that it produced. The longest sustained economic boom in our nations history.

We are approaching a monthly job loss rate of one million. But all you people can do is stand in left field, cheering this debacle on.

The current debacle is the result of greed on the part of the very rich. It is the result of deregulation of policies controlling business that were the result of the last Great Republican Depression. Now we are entering the Second Great Republican Depression because of that deregulation. And all you people can do is cry great tears because the very rich might have to pay a few percentage points more out of their incomes. But no tears for the young family out on the street after six months of unemployment. No tears for children whose parents cannot afford the medical care that they need.

You people are disgusting

you are either one dumb or uninformed fuck .....

I guarantee you something as simple as welfare reform had a lot more impact on the economic boom than taxing the rich......
 
government hires are on the rise.

As private sector business shrinks under the weight of ever increasing taxes, the only employer left will be the government. And Obama will have his dream come true. Everyone will be a government employee.

The perfect perpetual tax machine. the government pays it's employees, taxes them and uses those taxes to pay them ahhh the symmetry is breathtaking.

Clinton raised taxes on the wealthy in 1993, and we all know the damage that it produced. The longest sustained economic boom in our nations history.

We are approaching a monthly job loss rate of one million. But all you people can do is stand in left field, cheering this debacle on.

The current debacle is the result of greed on the part of the very rich. It is the result of deregulation of policies controlling business that were the result of the last Great Republican Depression. Now we are entering the Second Great Republican Depression because of that deregulation. And all you people can do is cry great tears because the very rich might have to pay a few percentage points more out of their incomes. But no tears for the young family out on the street after six months of unemployment. No tears for children whose parents cannot afford the medical care that they need.

You people are disgusting

you are either one dumb or uninformed fuck .....

I guarantee you something as simple as welfare reform had a lot more impact on the economic boom than taxing the rich......

Neither had anything to do with the boom/bubble of the late 1990's. Sustained low interest rates by the Fed until the late 1990's led corporations to invest heavily in information technology and communications hardware and software and that produced the prosperity, and when the Fed, out of fears of inflation finally raised interest rates much of this corporate investing ended and the bubble burst soon afterward.

This is almost exactly what happened with the real estate boom in the 2000's. In the 1990's, many observers and analysts were astonished to see ordinarily savvy investors put huge sums into tech and internet start ups which seemed to have no business plan that could lead to profits, but they continued to throw money at these phantoms of success and that money created millions of tech jobs that disappeared soon after the Fed raised interest rates and the tech bubble burst.

In the present decade, many observers and analysts warned that real estate prices were unsustainable if the Fed raised interest rates, yet ordinarily savvy investors, including the largest banks, brokerage houses and hedge funds, continued to pour huge sums of money into the real estate market and securities based on it and those invested bolstered our economy in this decade in exactly the same way that the foolish investors of the 1990's gave us the tech boom/bubble.
 
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Every single public poll shows exactly the opposite of what you say. Every single one of them. But hey, who can trust polls, right? Isn't that what you said back in October when they showed Obama in the lead?

well dippy doo doo maybe you should back away from the MSNBC or CNN polls and pay attention to wall street.. oh yea and main street.. If people had confidence they would be buying stock and spending money but they are not.. know why,, cause asshole demonized wall street and the rich,,, and doom and gloomed the future,, hence people are tightening down

Are you insane?? People are staying out of the market right now because it's volatile. The reason why the market is volatile is because of the housing crisis which is STILL ongoing and employers are STILL cutting jobs. No one's buying stocks right now because they're afraid of what the market is doing. When the housing crisis is solved, Wall Street will stabilize.

But of course - you don't see it that way because you don't bother to research the reasons. You just automatically assign blame to the guy in the Oval Office because he's a Democrat. You've not once in any way shape or form articulated any reasoning or understanding of our economy other than everything that's wrong is the fault of the Democrats. We had a Republican president for 8 years and a Republican Congress for six years. If the conservative philosophy was really the best idea for this country, wouldn't we be seeing that today?? Wouldn't de-regulation lead to bigger economic expansion? Wouldn't lower taxes lead to more jobs?

We tried your ideas for 8 years - and look where we are now!



Hee! I'll shorten your rant for you.. no one is buying stocks or anything else for that matter cause your dumbasz obamalama is scaring the fuck outta everybody! Easy peasy
 
well dippy doo doo maybe you should back away from the MSNBC or CNN polls and pay attention to wall street.. oh yea and main street.. If people had confidence they would be buying stock and spending money but they are not.. know why,, cause asshole demonized wall street and the rich,,, and doom and gloomed the future,, hence people are tightening down

Are you insane?? People are staying out of the market right now because it's volatile. The reason why the market is volatile is because of the housing crisis which is STILL ongoing and employers are STILL cutting jobs. No one's buying stocks right now because they're afraid of what the market is doing. When the housing crisis is solved, Wall Street will stabilize.

But of course - you don't see it that way because you don't bother to research the reasons. You just automatically assign blame to the guy in the Oval Office because he's a Democrat. You've not once in any way shape or form articulated any reasoning or understanding of our economy other than everything that's wrong is the fault of the Democrats. We had a Republican president for 8 years and a Republican Congress for six years. If the conservative philosophy was really the best idea for this country, wouldn't we be seeing that today?? Wouldn't de-regulation lead to bigger economic expansion? Wouldn't lower taxes lead to more jobs?

We tried your ideas for 8 years - and look where we are now!

Hee! I'll shorten your rant for you.. no one is buying stocks or anything else for that matter cause your dumbasz obamalama is scaring the fuck outta everybody! Easy peasy

What a great Sean Hannity argument.

And once again, no one is buying in the market right now because the housing crisis isn't over. Mortgage delinquencies are at an all-time high. Unemployment will probably be 8% tomorrow. This has nothing to do with a tax increase. This has to do with the greed and selfishness of lenders in the sub-prime mortgage mess that destroyed trillions of dollars of wealth in the stock market. It's like getting shot in the fucking head and surviving it. It doesn't heal overnight. You gotta go in there and get the bullet out which can cause more trauma.

You solve the housing crisis, you solve the economy. Employment goes back up, unemployment goes down and the stock market will rally. So, is Obama doing anything to help the housing crisis? Uh, yeah.

washingtonpost.com

But of course, as a typical neo-con who does no research and just listens to Sean Hannity and Rush all day long, you sit there in your little chair yapping your little mouth and you have no idea what the fuck you're talking about, do you? All you can do is just spit out FoxNews and RNC talking points. Lower taxes = more growth right? Yeah! Look what it did for us this decade!!
 
Are you insane?? People are staying out of the market right now because it's volatile. The reason why the market is volatile is because of the housing crisis which is STILL ongoing and employers are STILL cutting jobs. No one's buying stocks right now because they're afraid of what the market is doing. When the housing crisis is solved, Wall Street will stabilize.

But of course - you don't see it that way because you don't bother to research the reasons. You just automatically assign blame to the guy in the Oval Office because he's a Democrat. You've not once in any way shape or form articulated any reasoning or understanding of our economy other than everything that's wrong is the fault of the Democrats. We had a Republican president for 8 years and a Republican Congress for six years. If the conservative philosophy was really the best idea for this country, wouldn't we be seeing that today?? Wouldn't de-regulation lead to bigger economic expansion? Wouldn't lower taxes lead to more jobs?

We tried your ideas for 8 years - and look where we are now!

Hee! I'll shorten your rant for you.. no one is buying stocks or anything else for that matter cause your dumbasz obamalama is scaring the fuck outta everybody! Easy peasy

What a great Sean Hannity argument.

And once again, no one is buying in the market right now because the housing crisis isn't over. Mortgage delinquencies are at an all-time high. Unemployment will probably be 8% tomorrow. This has nothing to do with a tax increase. This has to do with the greed and selfishness of lenders in the sub-prime mortgage mess that destroyed trillions of dollars of wealth in the stock market. It's like getting shot in the fucking head and surviving it. It doesn't heal overnight. You gotta go in there and get the bullet out which can cause more trauma.

You solve the housing crisis, you solve the economy. Employment goes back up, unemployment goes down and the stock market will rally. So, is Obama doing anything to help the housing crisis? Uh, yeah.

washingtonpost.com

But of course, as a typical neo-con who does no research and just listens to Sean Hannity and Rush all day long, you sit there in your little chair yapping your little mouth and you have no idea what the fuck you're talking about, do you? All you can do is just spit out FoxNews and RNC talking points. Lower taxes = more growth right? Yeah! Look what it did for us this decade!!



Wrong wrong wrong,, stick yer head back up yer azz and believe you are in happy land,, see how that works out for ya..
 
government hires are on the rise.

As private sector business shrinks under the weight of ever increasing taxes, the only employer left will be the government. And Obama will have his dream come true. Everyone will be a government employee.

The perfect perpetual tax machine. the government pays it's employees, taxes them and uses those taxes to pay them ahhh the symmetry is breathtaking.

I understand that concern, Skull.

I think its a tad overstated, but it has validity.

The government should be the employer of last resort. Ideally, the private secotor creates jobs, not the government.

Sadly, as our economy collapses we approach that time when that might become the case for far too many Americans.

Of course it was overstated, i thought that touch of sarcasm was obvious.

I sometimes miss the obvious. Mea culpa.

But my point remains. the income tax raise for the "rich" is NOT what I am arguing about.

Nor was my response about that, I think.

We will see more taxes on businesses, higher unemployment taxes, possibly higher payroll taxes, and the biggie will be the cap and trade tax. when energy costs double or triple because of it, many small businesses will not be able to stay afloat.

I'm not sure how many times in the last couple weeks I have suggested that raising taxes on ANYTHING is a bad idea, but let me do it still one more time.

Raising taxes on ANYTHING right now is a mistake.

Clear?

The time to have raised taxes was when the WALL STREET economy was still sound.

NOW or problem is a LACK of money in the system, not too much in the hands of too few.
 
I understand that concern, Skull.

I think its a tad overstated, but it has validity.

The government should be the employer of last resort. Ideally, the private secotor creates jobs, not the government.

Sadly, as our economy collapses we approach that time when that might become the case for far too many Americans.

Of course it was overstated, i thought that touch of sarcasm was obvious.

I sometimes miss the obvious. Mea culpa.



Nor was my response about that, I think.

We will see more taxes on businesses, higher unemployment taxes, possibly higher payroll taxes, and the biggie will be the cap and trade tax. when energy costs double or triple because of it, many small businesses will not be able to stay afloat.

I'm not sure how many times in the last couple weeks I have suggested that raising taxes on ANYTHING is a bad idea, but let me do it still one more time.

Raising taxes on ANYTHING right now is a mistake.

Clear?

The time to have raised taxes was when the WALL STREET economy was still sound.

NOW or problem is a LACK of money in the system, not too much in the hands of too few.

it seems you and I disagreeably agree on a lot of things. I think we just both like to argue.
 
The U.S. labor market worsened in February, as private-sector firms cut 697,000 jobs in February, the ADP employment index reported Wednesday.

The labor market is "still in miserable shape," wrote economists for Goldman Sachs.
Another report from Challenger Gray & Christmas showed layoff plans rose 158% compared with a year earlier. See full story.

The reports come two days before the Labor Department reports its estimate for nonfarm payrolls. Economists are looking for the worst job loss in nearly 60 years. See full story.
The drop in ADP index was the largest ever, dating back to 2001. January's loss was revised sharply lower to 614,000 from 522,000 reported a month ago.

The goods-producing sector shed 338,000 jobs, the 26th consecutive decline. Manufacturing lost 219,000, while construction lost 114,000.
The services sector lost 359,000 jobs.
The ADP index does not include government jobs. Adding in the typical 12,000 jobs gained in the public sector, the ADP report points to nonfarm payrolls falling by 685,000, compared with the MarketWatch consensus of 640,000. See Economic Calendar.

"The recession has spread aggressively to small-size businesses," said Joel Prakken, chairman of Macroeconomics Advisers, the economic consulting firm that computes the ADP index from anonymous payroll data provided by ADP. Small businesses (those with less than 50 employees) cut 262,000 jobs in February.
Large businesses (with more than 500 employees) cut 121,000 jobs, while medium-sized businesses cut 314,000.

Private sector cut record 697,000 jobs in February, ADP says - MarketWatch
Remember back when obama was getting out of Bush's great recession?
 
The U.S. labor market worsened in February, as private-sector firms cut 697,000 jobs in February, the ADP employment index reported Wednesday.

The labor market is "still in miserable shape," wrote economists for Goldman Sachs.
Another report from Challenger Gray & Christmas showed layoff plans rose 158% compared with a year earlier. See full story.

The reports come two days before the Labor Department reports its estimate for nonfarm payrolls. Economists are looking for the worst job loss in nearly 60 years. See full story.
The drop in ADP index was the largest ever, dating back to 2001. January's loss was revised sharply lower to 614,000 from 522,000 reported a month ago.

The goods-producing sector shed 338,000 jobs, the 26th consecutive decline. Manufacturing lost 219,000, while construction lost 114,000.
The services sector lost 359,000 jobs.
The ADP index does not include government jobs. Adding in the typical 12,000 jobs gained in the public sector, the ADP report points to nonfarm payrolls falling by 685,000, compared with the MarketWatch consensus of 640,000. See Economic Calendar.

"The recession has spread aggressively to small-size businesses," said Joel Prakken, chairman of Macroeconomics Advisers, the economic consulting firm that computes the ADP index from anonymous payroll data provided by ADP. Small businesses (those with less than 50 employees) cut 262,000 jobs in February.
Large businesses (with more than 500 employees) cut 121,000 jobs, while medium-sized businesses cut 314,000.

Private sector cut record 697,000 jobs in February, ADP says - MarketWatch

The effects of BushCo continue.
 
The U.S. labor market worsened in February, as private-sector firms cut 697,000 jobs in February, the ADP employment index reported Wednesday.

The labor market is "still in miserable shape," wrote economists for Goldman Sachs.
Another report from Challenger Gray & Christmas showed layoff plans rose 158% compared with a year earlier. See full story.

The reports come two days before the Labor Department reports its estimate for nonfarm payrolls. Economists are looking for the worst job loss in nearly 60 years. See full story.
The drop in ADP index was the largest ever, dating back to 2001. January's loss was revised sharply lower to 614,000 from 522,000 reported a month ago.

The goods-producing sector shed 338,000 jobs, the 26th consecutive decline. Manufacturing lost 219,000, while construction lost 114,000.
The services sector lost 359,000 jobs.
The ADP index does not include government jobs. Adding in the typical 12,000 jobs gained in the public sector, the ADP report points to nonfarm payrolls falling by 685,000, compared with the MarketWatch consensus of 640,000. See Economic Calendar.

"The recession has spread aggressively to small-size businesses," said Joel Prakken, chairman of Macroeconomics Advisers, the economic consulting firm that computes the ADP index from anonymous payroll data provided by ADP. Small businesses (those with less than 50 employees) cut 262,000 jobs in February.
Large businesses (with more than 500 employees) cut 121,000 jobs, while medium-sized businesses cut 314,000.

Private sector cut record 697,000 jobs in February, ADP says - MarketWatch

The effects of BushCo continue.
Why are you responding now to things I posted back in 2009?
 
The U.S. labor market worsened in February, as private-sector firms cut 697,000 jobs in February, the ADP employment index reported Wednesday.

The labor market is "still in miserable shape," wrote economists for Goldman Sachs.
Another report from Challenger Gray & Christmas showed layoff plans rose 158% compared with a year earlier. See full story.

The reports come two days before the Labor Department reports its estimate for nonfarm payrolls. Economists are looking for the worst job loss in nearly 60 years. See full story.
The drop in ADP index was the largest ever, dating back to 2001. January's loss was revised sharply lower to 614,000 from 522,000 reported a month ago.

The goods-producing sector shed 338,000 jobs, the 26th consecutive decline. Manufacturing lost 219,000, while construction lost 114,000.
The services sector lost 359,000 jobs.
The ADP index does not include government jobs. Adding in the typical 12,000 jobs gained in the public sector, the ADP report points to nonfarm payrolls falling by 685,000, compared with the MarketWatch consensus of 640,000. See Economic Calendar.

"The recession has spread aggressively to small-size businesses," said Joel Prakken, chairman of Macroeconomics Advisers, the economic consulting firm that computes the ADP index from anonymous payroll data provided by ADP. Small businesses (those with less than 50 employees) cut 262,000 jobs in February.
Large businesses (with more than 500 employees) cut 121,000 jobs, while medium-sized businesses cut 314,000.

Private sector cut record 697,000 jobs in February, ADP says - MarketWatch

The effects of BushCo continue.
Why are you responding now to things I posted back in 2009?

It's as true today as it was then.
 

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