Author Topic: Unemployment Falls to 7 Percent as 203,000 Jobs Added  (Read 392 times)

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Online mystery-ak

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Unemployment Falls to 7 Percent as 203,000 Jobs Added
« on: December 06, 2013, 08:47:07 AM »
http://www.newsmax.com/PrintTemplate.aspx?nodeid=540399


Newsmax
Unemployment Falls to 7 Percent as 203,000 Jobs Added
Friday, December 6, 2013 08:41 AM

By: CHRISTOPHER S. RUGABER

A fourth straight month of solid hiring cut the U.S. unemployment rate to a five-year low of 7 percent in November, an encouraging sign for the economy.

The Labor Department says employers added 203,000 jobs, nearly matching October's revised gain of 200,000. The job gains helped lower the unemployment rate from 7.3 percent in October.

The strengthening job market is likely to fuel speculation that the Federal Reserve may start to scale back its bond purchases when it meets later this month.

The economy has now generated an average of 204,000 jobs from August through November. That's up from 159,000 a month from April through July.

Many of the November job gains were in higher-paying industries. Manufacturers added 27,000 positions, the most since March 2012. Construction firms gained 17,000.

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Offline Chieftain

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Re: Unemployment Falls to 7 Percent as 203,000 Jobs Added
« Reply #1 on: December 06, 2013, 10:12:16 AM »
ysh...lots of temp sales jobs firing up for the Holiday rush, and all of these gains will be reversed in January.


Offline rangerrebew

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Re: Unemployment Falls to 7 Percent as 203,000 Jobs Added
« Reply #2 on: December 06, 2013, 11:03:34 AM »
At least those are the figures given us by the always trustworthy Obama administration. :3:
"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
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"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
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Online mystery-ak

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Re: Unemployment Falls to 7 Percent as 203,000 Jobs Added
« Reply #3 on: December 06, 2013, 11:22:16 AM »

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Offline Chieftain

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Re: Unemployment Falls to 7 Percent as 203,000 Jobs Added
« Reply #4 on: December 06, 2013, 11:23:52 AM »
All of it is subject to significant revision in the coming weeks, and it will be at least a month before we can prove this is all BS.



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