9 Stories

Worker: My Playgirl Spread Cost Me My Job

But company denies he was forced out after posing nude

(Newser) - A company that helps businesses handle personnel issues denies it forced one if its employees out of his job after it was discovered he had posed nude in Playgirl magazine. Daniel Sawka filed a federal civil rights lawsuit in May 2013 against ADP Inc. alleging sexual harassment. The company responded... More »

Private Job Report Disappoints

Economy adds 166K new jobs; August revised downward

(Newser) - US businesses added 166,000 jobs last month, a sign of only modest improvement in hiring, according to a report today from ADP. The payroll company also said that private employers added just 159,000 jobs in August and 161,000 in July, both slightly lower than the previous estimates.... More »

Survey: US Added 162K Jobs in Sept.

Estimate is lower than August's figure of 189K

(Newser) - A private survey shows that US businesses hired fewer workers in September than in August, a sign that slow growth may be holding back hiring. Payroll processor ADP says companies added 162,000 jobs last month. That's below August's total of 189,000, which was revised lower. The... More »

On Eve of Jobs Report, a Shiny Number

ADP says private sector added 201K jobs in August, but it's been wrong before...

(Newser) - Teams Obama and Romney will likely be biting their nails come 8:29am tomorrow, as the first of the three remaining pre-election jobs reports are issued. With less than 24 hours to go, some hints of what may come:
  • In what the AP calls an "encouraging sign," a
... More »

Stocks Climb on ADP Report

(Newser) - Stocks headed north at the open today as a better-than-expected ADP report outweighed Bank of America's poor "stress test" grade, reports the Wall Street Journal. The Dow rose 64 points, while the Nasdaq and S&P added 9.26 and 8.97 points respectively. Bank of America rose 6%... More »

May Starts Slowly; Dow Up 41

April employment report is next key metric for investors

(Newser) - Stocks closed moderately higher today after a seesaw session with light trading volume, the Wall Street Journal reports. After a strong April, investors are trying to predict how a recovery—or the lack of one—will play out, and are anticipating ADP’s April employment report, due next week. Manufacturing... More »

Stocks Dive on Jobs Report

(Newser) - A worse-than-expected jobs report sent stocks tumbling at the open today. The Dow careened down 125 points, while the S&P and Nasdaq sunk 1.8% and 1.9%, respectively. The private sector lost 742,000 jobs in March, according to a new ADP report. Investors were also nervous about... More »

Dow Ticks Up Despite Job Woes

522K lost last month, fewer than analysts predicted

(Newser) - Stocks were mixed at today’s open after a report estimating that 522,000 private-sector jobs were lost last month, the Wall Street Journal notes. The Dow started down but was recently up 41 points, while the S&P 500 and Nasdaq were marginally higher. Dragging on the Dow were... More »

Market Down, But News Is Good

Tech stocks drop, but new signs crisis is ending

(Newser) - Stocks fell today as the tech sector dragged the Dow down 79.26 points to 13,968.05—but the mood was upbeat nonetheless, as a jobs survey fueled hopes  that payrolls began to rebound in September. All eyes are on a key hiring report coming out Friday; good news... More »

9 Stories