Today’s ADP National Employment Report shows that private sector employment decreased by 84,000 in December. Nonfarm private employment decreased 84,000 from November to December 2009 on a seasonally adjusted basis, according to the ADP National Employment Report. The December employment decline was the smallest since March of 2008.
Even as the news improves for small business owners, many are seeking ways finacially to stay afloat. Accounts recivable factoring is an option that is helping countless businesses stay in business.
Here are some highlights from the December 2009 nonfarm private employment report:
Total employment: -84,000
Small businesses* -25,000
Medium businesses** -25,000
Large businesses*** -34,000
Goods-producing sector: -96,000
Service-providing sector: +12,000
Addendum:
Manufacturing industry: -43,000
* Small businesses represent payrolls with 1-49 employees
** Medium businesses represent payrolls with 50-499 employees
*** Large businesses represent payrolls with more than 499 employees
For more information on invoice factoring, go to www.ifgnetwork.com
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