Word is out that unemployment dropped from 10.2% to 10% this month. Job losses for last month(Oct) were revised down from 190,000 to 111,000, part of the reason for the drop, I am sure.
However, I cannot find anyone reporting on how many jobs were lost or gained in the month of November.
Is it a secret?
Oh, I see...we actually lost 11,000 jobs. Everyone including the Obama Administration does not expect the unemployment to continue to go down. It appears to be seasonable hiring. By January, we are on the ropes again.