Exercises for the Reader from the January 2011 Unemployment Report

Remember in school when there was a problem so tough even the Professor couldn't figure it out? Remember how teachers and even textbooks would say this is an exercise left for the reader instead of admitting the problem wasn't easily solved? Such is our employment situation report.

ADP Employment Report for November 2010 - 93,000 private sector jobs gained

The ADP report for November 2010 it out and ADP is reporting a gain of 93,000 private sector jobs. This is the biggest job gain in 3 years. Even more encouraging, the October private sector jobs numbers were revised, from 43,000 to 82,000. That's almost double what was originally reported. Now don't get your panties all in a bunch, this still is not enough to lower unemployment.