Legal Commentary

Unemployment Rate Falls To 10%

By Big Tent Democrat

Some good news:

In the strongest employment report since the recession began nearly two years ago, the government said Friday that the nation’s employers had all but stopped shedding jobs in November, taking some of the pressure off of President Obama to come up with a wide-ranging jobs creation program. The Labor Department reported that the United States economy lost 11,000 jobs in November, and the unemployment rate fell to 10 percent, down from 10.2 percent in October.

I have not had time to dig into the details, but at first blush, this seems like unconditional good news. Let's hope it continues.

Speaking for me only

Full post as published by TalkLeft on December 04, 2009 (boomark / email).