Nonsequitur: Unemployment Rate Down, Fewer Jobs Added

December 7, 2012

The good news:  Unemployment ticked down to 7.7% with 146,000 jobs added in November.  Also, Hurricane Sandy had (so far) minimal impact on the economy overall.  The bad news: Employers added 49,000 fewer jobs in September and October than originally reported. (Layoffs announced toward the end of November should also affect final numbers for that month.) More details here.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: