Friday, December 3, 2010

Where Are the Jobs?

U-6 to 17%
Household survey to 9.8%!

WASHINGTON (MarketWatch) — The U.S. economy added jobs at a much slower pace in November than in October, suggesting that the economy will continue to struggle in coming months.
Nonfarm payrolls rose by 39,000 in November, far lower than the 155,000 gain expected by economists surveyed by MarketWatch and the upwardly revised figure of 172,000 jobs gained in October.