The unemployment numbers dropped to 10 from 10.2.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a5KR9SxHJHco&pos=1
http://www.businessinsider.com/unemployment-102-2009-11
Not too reassuring for the 15 million who are still out of work.
The U-6 is up to 17.6.
http://www.zerohedge.com/article/unemployment-drops-amazingly-10-nfp-down-11000-much-higher-consensus-172-u-6-unemployment
How can the ADP and BLS surveys disagree by 150,000+ jobs?
seasonally adjusted number for November 17.2. Non-seasonal =16.4.
Let's look at this economic recovery:
-Are small and medium sized business owners seeing it in greater access to credit?
-Is the middle and working class seeing it hiring and greater numbers of job openings?
-Are small and regional banks seeing it in t...heir treatment from federal regulators?
-Are we seeing it supposed new and better regulation to address the
failings of the financial system (to big to fail banks, systemic risk,
etc.)?
-Are we seeing a turn-around at tax-payer GM, AIG, etc. after the hundres of billions spent?
-increase in exports? Decrease in Imports? Not if the liberals keep blocking domestic drilling!
**on the bright side, Gold dropped on a buy signal. Thanks Obama! **
They're cooking the numbers. So much for Dope and Change!!
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