Private sector jobs in the U.S. fell by 532,000 slots in May, according to a national employment report published Wednesday by payroll giant Automatic Data Processing Inc. and consultancy Macroeconomic Advisers.
The expected loss is less than the 550,000 drop forecast by economists in a Dow Jones Newswires survey.
If the number comes in that low, which is still pretty damn high, I'll take it as a small positive sign.