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HomeA Better December Jobs Report? Wait, Revise That
Posted by Larry Doyle on December 7th, 2012 9:38 AM |
The unemployment report for the month of November was just released and is better than expected with non-farm payrolls increasing by 146, 000 jobs and the overall unemployment rate dropping to 7.7%. Happy times are here again, right? Wait, revise that.
While many pundits in Washington and on Wall Street are more than welcome to go little further than the headline numbers, let’s go behind the curtain and look a little bit closer. What do we see? Ooh, what’s this on the very last line of the Bureau of Labor Statistics report . . . (more…)
