Today, the Labor Department reported employers cut 36,000 jobs, beating analysts' estimates of 50,000. Analysts forecast jobless rates to rise to 9.8%. Job cuts by U.S. private employers in February eased from the prior month. U.S. firms' planned layoffs fell to the lowest since 2006, suggesting the job market may be starting to slowly recover, reports ADP.

ADP, payroll services jobs data also confirmed private employers cut 20,000 jobs in February, compared with 60,000 jobs losses in January, the report by ADP, a payroll processor, showed on Wednesday. The 20,000 jobs was in line with the median estimate.

 Many believe its a positive sign the economy is slowly but surely recovering. Still most expect 2010 to level off growth of 2% to 5% GDP ranges with U.S. debt burdens exceeding thirteen Trillion, new healthcare bill adding another Trillion and unemployment hovering around eight to ten percent.

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Mr. Rickman is a respected analyst, innovative expert in business development and media information services with over 30-years experience, published worldwide. http://www.sustainablevirtualbiz.com