ADP reports 532,000 May job cuts - Sacramento Business Journal:

http://m-eye.net/2009/01/06/preaching-to-the-choir/
Payroll firm ADP reportedr Wednesday that companies inthe U.S. cut an estimatec 532,000 workers from payrolls last month. ADP also revisedf higher its estimate of cuts in Aprilto 545,00p0 from the previous estimate of 491,000. The ADP report notedx losses across all sizes and categories of businessea with large business payrolls declining medium businessesshedding 223,00o jobs and small businesses cuttin 209,000 employees. The goods-producing secto r lost 267,000 jobs while the service-producing sectotr declined by 265,000 positions.
The Labor Departmentr is due to release its jobs report on The average analyst estimat e for that report of governmeng as well as private payrolls is a lossof 520,00o payroll positions and an increasse in the unemployment rate to 9.2 percent from April’sd rate of 8.9 percent. On The Institute for Supply Management announce that its factory index rose to the highest levekl since last September as new order posted their first gain since therecessionb began. On Tuesday the National Associationh of Realtors reported that pending sales ofexistinyg homes, or contracts signed but not closed, rose 6.7 percent in the largest increase in six years.