Buried in a modest gain of 41,000 jobs in the December ADP Report is a sobering new trend in white collar employment.
Professional and Business Services Details
April: +1,000
May: -13,000
June: -57,000
July: +9,000
August: -1,000
September: -6,000
October: -22,000
November: -18,000
December: -29,000
Month-Over-Month Change in White Collar Jobs
Net jobs from professional and business services plus information was negative for 8 of the last 9 months.
Month-Over-Month Change in White Collar Jobs Detail
April: +15,000
May: +8,000
June: -63,000
July: +46,000
August: -14,000
September: -6,000
October: -30,000
November: -48,000
December: -45,000
Month-Over-Month Change…
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