ADP: US companies add just 130K jobs in October as federal government shutdown slows hiring

  • Article by: PAUL WISEMAN , Associated Press
  • Updated: October 30, 2013 - 11:30 AM

WASHINGTON — A private survey shows U.S. businesses added just 130,000 jobs in October, as the 16-day partial government shutdown slowed an already-weak job market.

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theagonybhoOct. 30, 13 8:43 AM

OMG really? someone explain to me how 15% of non essential government employees getting a 2 week paid vacation and a few national parks closing would cause someone not to hire.

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maxwellbayOct. 30, 13 8:45 AM

Who knew that this 2 week shutdown would have effected the job market so negatively over the last five years, huh? Poor Obama. It's always something keeping his policies down, but never those policies or him. Great observation liberal AP.

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dogmanOct. 30, 13 9:36 AM

"someone explain to me how 15% of non essential government employees getting a 2 week paid vacation and a few national parks closing would cause someone not to hire" -- it's a lot more plausible than corporations with record cash on hand and collecting record profits not hiring because of the uncertainty of tax rates years into the future

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theagonybhoOct. 30, 1310:16 AM

dogman, you hit the nail on the head, it has nothing to do with the shutdown. For the next 3 years hiring will be flat until Obamas term is over and the uncertainty over taxes becomes more clear.

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dogmanOct. 30, 1310:28 AM

"For the next 3 years hiring will be flat until Obamas term is over and the uncertainty over taxes becomes more clear" -- nonsense... corporations had a 10-year tax cut courtesy of Dubya... yet they used the same excuse. They had the cuts extended... didn't hire. Now, the same tax rates... more profit.. more cash on hand.. they're still not hiring. It squashes the argument for cutting corporate taxes as a means to reduce unemployment.

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