Friday, December 04, 2009

Jobless rate drops to 10 percent in Nov.; employers shed 11,000 jobs, fewest since Dec. 2007

WASHINGTON (AP) -- The unemployment rate unexpectedly fell to 10 percent in November as employers cut the smallest number of jobs since the recession began. The better-than-expected job figures are a rare note of encouraging news for the labor market.

BLAH, BLAH, BLAH
What else did you expect?  Of course they would SPIN it into favorable light to make it seem that the “recovery” is working.

But what they FAIL to tell you is that November is one of the BUSIEST hiring months of the year as retailers bulk up on sales associates, cashiers, and warehouse workers!!!

So of course, the job number was going to fall.

Was anyone surprised?

I am so sick of spin.  It makes me extremely dizzy.

Merry Christmas Everyone

Xavier