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Small indicators of better news on jobs front

December 3, 2009 on 1:44 am | In All categories, economy/job market | No Comments

Days before the government releases unemployment data for the month of November, a few harbingers have spread some hopeful news:

* The ADP National Employment Report shows that nonfarm private employment decreased by 169,000 jobs.  It’s the eighth consecutive month of declines in job losses.

* Challenger, Gray & Christmas reported employers announced fewer job cuts in November (50,349) than in any month since December 2007.

* The Conference Board reported an increase in job openings for November, up 106,500.  That follows a drop of 82,300 in October.

Some economists are predicting that unemployment for the month of November will remain flat at 10.2 percent.  That’s not exactly “Joy to the World” news, but I’ll take it.  Here’s hoping!