1.0 link 147996 <![CDATA[250,000 Jobs Cut In Private Sector In November: ADP Report]]> http://www.huffingtonpost.com/2008/12/03/250000-jobs-cut-in-privat_n_147996.html The U.S. economy shed a quarter-million private-sector jobs in November, according to a payroll processor's report that was worse than economists expected.

Non-farm private employment fell by 250,000 jobs from the previous month on a seasonally adjusted basis, according to the ADP National Employment Report.

The report was expected to show a decline of 200,000 jobs in November, according to a consensus of economist projections compiled by Briefing.com.

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