Some partially good economic news for a change.
The August ADP National Employment Report and ADP Small Business Report showed that small businesses (businesses with fewer than 50 workers) added 20,000 jobs during August.
If we look at just the service sector, we see an increase in 36,000 jobs.
However, of some concern to me is that goods-producing small businesses lost 16,000 jobs. These jobs tend to be better paying.
Perhaps the product jobs are going overseas? Or maybe the increase in service-related jobs is that services are possibly harder to outsource?