MW: CORRECT: Private-sector jobs fall by 250,000, ADP says
By Rex Nutting
WASHINGTON (MarketWatch) -- The U.S. private sector shed 250,000 jobs in November, the biggest job loss in seven years, according to the ADP national employment index released Wednesday. The loss was in line with estimates of analysts surveyed by MarketWatch. Job losses rose to 158,000 in the goods-producing sector and to 92,000 in the services. The report comes two days before the government releases its report on the labor market for November, with analysts expecting the worst losses in more than 25 years. (This is an update to correct an historical comparison.)
