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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-02-11 12:49 PM
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Unemployment! Growth! Statistics!
http://wepartypatriots.com/wp/2011/12/02/unemployment-growth-statistics/

Overall, the U.S. economy added 120,000 jobs in November, but as has been the case for a long while, it’s the private sector that continues to fare significantly better. Last month, businesses added 140,000 jobs, and the combined revised totals for September and October also show stronger growth than originally estimated.

But, just as a reminder, even 140,000 private-sector jobs, though in keeping with expectations and taking a step in the right direction, should not be considered “strong” growth.

Details of the report reveal some interesting disparities. From CNN:

Men were the biggest group to benefit from a stronger labor market, as the unemployment rate for those over age 20 fell to 8.3% from 8.8% in October, primarily because they landed jobs. The women’s unemployment rate however, experienced a much smaller dip, mostly because more women had left the labor force.
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