Very sad Jobs Numbers!
That marks a major slowdown from October, when the economy added an upwardly revised 172,000 jobs. Unemployment rose in November to 9.8% from 9.6% and stock futures turned lower.
The numbers are a huge disappointment, considering economists surveyed by CNNMoney.com expect a similar gain for November - they're predicting 150,000 jobs were added to payrolls during the month. Bernard Baumohl, chief economist of the Economic Outlook Group,was more bullish, having predicted another 235,000 added in November.
No comments:
Post a Comment