Friday, December 02, 2011

Unemployment Rate at 8.6% for November

The economy added 120,000 jobs in November on expectations of 125,000.  (I wonder how many of those so-called new jobs resulted from the "Birth/Death Statistic?")  The unemployment rate declined from 9% to 8.6% one expectations that it would remain at 9%.  (I will have more later after I have a chance to analyze all the numbers.)

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