New Unemployment Rate: 8.6%

thedailyfeed:

The national unemployment rate dropped from 9.0% to 8.6% in November, the lowest level in over 2 years. Isn’t that great news? Well, mostly. 

The economy added 120,000 new jobs in November, the Bureau of Labor Statisticsreports, all in the private sector. But it’s not quite so simple: Part of the fall is due to the country’s shrinking workforce, which fell by .2% as 315,000 unemployed Americans simply gave up looking for work.

Recent comments

Blog comments powered by Disqus

Notes

  1. tresgenki reblogged this from humbly-unapologetic
  2. pray4pie reblogged this from humbly-unapologetic
  3. humbly-unapologetic reblogged this from thedailyfeed
  4. beyondredversusblue reblogged this from thedailyfeed and added:
    The economy added 120,000 new jobs in November, the Bureau of Labor Statisticsreports, all in the private sector. But...
  5. dequicook reblogged this from thedailyfeed
  6. newsshorts reblogged this from thedailyfeed
  7. theuofwoo reblogged this from huffingtonpost
  8. cingarkaq reblogged this from thedailyfeed
  9. jayboogey reblogged this from thedailyfeed
  10. listentothequietness reblogged this from thedailyfeed
  11. holodrome reblogged this from freepressnews and added:
    Official unemployment rates have turned into propaganda wherever the principle of corporate rulership was established....
  12. freepressnews reblogged this from thedailyfeed and added:
    I THINK I’M GONNA PUKE
  13. gstps reblogged this from thedailyfeed and added:
    That’s about 31,000 jobs…by my rough calculation, yay?
  14. the-telescope reblogged this from thedailyfeed
  15. This was featured in #News
  16. thedailyfeed posted this