The Devil In The Details Of Today’s Employment Report
146,000 net new jobs were created in November according to the establishment survey of payroll employment. However, 49,000 were taken off the totals reported for the previous two months. If I were a conspiracy theorist, which I’m not, I would point out that the revisions of previous months were usually positive before the election with [...]
146,000 net new jobs were created in November according to the establishment survey of payroll employment. However, 49,000 were taken off the totals reported for the previous two months. If I were a conspiracy theorist, which I’m not, I would point out that the revisions of previous months were usually positive before the election with give-back coming after the election.
The unemployment rate fell from 7.9 percent to 7.7 percent in November, which sounds good, but the devil, as usual, is in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards