Falling to 8.6 percent in November
the unemployment rate looks like it might be on the right trend, something the Obama White House may exploit as good news. However there is a tough number that they will want to hide and the NRFPT news media won’t report on; 315,000 people stopped bothering to look for employment. The Labor Department when calculating unemployment numbers sees these folks as a group that doesn’t get counted. They simply don’t exist in their world.
Private sector employers added 120,000 jobs last month. With that, the unemployment rate dropped to the lowest level in more than two and a half years.
Good news and bad. Which will you here tonight?
