And now back to reality:
– Are Another 1.3 Million Americans About To Drop Out Of Labor Force (And Send Unemployment Plunging)?
– The Real Unemployment Rate In The U.S. Is At Least 30%
– Fake Employment Numbers – And 5 More Massive Economic Lies The U.S. Government Is Telling You
– Recovery In The US: Widest Gap In Employment Rates Between Rich, Poor Since Records Began
– 80% Of US Adults Are Near Poverty, Rely On Welfare, Or Are Unemployed
– Unemployment rate falls to five-year low of 7% as 203,000 jobs added; Dow soars 199 points (NY Daily News, Dec 6, 2013):
Employers were hard at work hiring in November, signaling the labor market’s gradual healing continues.
U.S. payrolls expanded by 203,000, the Labor Department reported on Friday, a total well above the gain of 180,000 economists had forecast.
The jobless rate, meanwhile, dropped to a five-year low of 7.0%. It had been expected to tick down to 7.2% from 7.3% in October.
The report also showed about 8,000 more jobs were added to payrolls in September and October than previously thought.
Stocks shot sharply higher on the news, snapping a five-session losing streak. The Dow rocketed nearly 200 points, or 1.3% higher, to close at 16,020.
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