Because what we’re doing is clearly not working:
WASHINGTON — U.S. employers shed more jobs in September than had been expected, according to two closely watched surveys, released Wednesday, that cast a shadow over the government’s official September jobs report, which is due Friday.
Private non-farm payroll employment fell by 39,000 jobs last month, according to the ADP National Employment Report. That was somewhat surprising, because the consensus forecast of mainstream economists had called for a gain of about 20,000 jobs.
“I think this is a disappointing result,” said Joel Prakken, the chairman of Macroeconomic Advisers, which crunches payroll data to issue the monthly report. “Economic growth slowed pretty much in the middle of the year … and we think the fourth quarter is going to be a quarter of slow economic growth.”