US Firms Shed 11,250 Jobs a Week in 4 Weeks to Oct. 25

So we have the ADP saying that jobs fell an average of 11,250 on a weekly basis in the four weeks up to October 25 John. Now, on a headline basis, taking that at face value, it suggests it certainly leans against the labour market stabilisation idea. It probably does capture some of those headlines we've been seeing on big high profile companies making job cuts across the country.There are some caveats with this data. Number one, it's new. So old economies are getting used to it and working out what trends ...