In February, US economy posts weakest private-sector hiring since July 2003  07/03/2007

U.S. private-sector employment grew by 57,000 in February, the weakest job growth since July 2003, according to the ADP national employment index released Wednesday.
Job growth in February was about a third of the 167,000 averaged over the previous three months. The ADP index rose by 126,000 in January.

The ADP index, produced by Macroeconomics Advisers LLC for Automatic Data Processing Inc. , is considered the single-best indicator of the government's monthly nonfarm payroll report, which will be reported on Friday.

Adding in some 20,000 government jobs created in a typical month, the ADP report would signal payroll growth of about 80,000 in February. Economists are currently projecting job growth of about 100,000 for Friday's report...

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GEAB N°65 - Contents

- Published on May 16, 2012 -

Global systemic crisis / Second half of 2012 – Convergence of four explosive factors: Banks-Stock Exchanges-Pensions-Debts
Whilst waiting for Euroland to equip itself, by the end of 2012, with a medium to long term common political, economic and social project, especially following the election of the new French president François Hollande, anticipated many months ago by LEAP/E2020, players will remain prisoners of the short-term reflexes related to the sudden Greek political tremors, the uncertainties over Euroland governance and to the risks in public debts… (page 2)
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Which languages must your child learn to be useful to him in twenty years ? Anticipation of the principal intra-European and world common languages in a 2030 timframe
Beyond its cultural interest LEAP/E2020 has created this anticipation as a tool to aid decision-making, individual (parents for the education of their children) as much as collective (public education institutions, universities, states, international businesses). Individual and joint strategies as regards language teaching are long term processes needing fundamental choices to be made almost a generation in advance… (page 11)
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Strategic and operational recommendations
. Currencies-Gold: Stay on course
. Pensions: Preserving one’s capital
. Stock Exchanges: Last exit before chaos
. Banks: Maximum distrust
. Government bonds: The trap is closing (page 21)
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The GlobalEurometre - Results & Analysis
The majority of respondents believing that their country’s major banks could go bankrupt by the end of 2012 has risen to 66% this month (versus 61% last month)… (page 23)
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