Dec
04
UPDATE: 11k Jobs lost in Nov.
ByFrom MarketWatch:
The U.S. labor market improved markedly in November, with the unemployment rate falling back to 10% and job losses shrinking to the lowest level in nearly two years, the Labor Department reported Friday.
Unemployment now stands at 10%, even. Gold is down ~2% on the news. This appears to be a marked improvement.
For some counterbalance on the exuberance in the markets, see this article in Forbes.
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1 Comments
March 3rd, 2010 at 10:16 am
[...] after month after month after month I’ve been blogging the unemployment numbers. Today not only do we [...]