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US unemployment falls to nine-year low in November, 4.6%, but earnings slowdown

Saturday, December 3rd 2016 - 07:32 UTC
Full article 2 comments

United States unemployment rate fell to a nine-year low in November, adding to expectations that US interest rates will rise later this month. Figures from the Labor Department showed the US economy created 178,000 jobs in November, while the jobless rate fell to 4.6% from 4.9% in October. Read full article

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  • ChrisR

    But these figures will not show the numbers of workers who could not find another job after the crash of 2008 brought about by the lying American banks conning the world with their mortgage scams.

    These workers and the ones in Britain and Europe fell off the unemployment roll and will probably never be seen again except for the black economy.

    At least Clinton failed and her 'backers', many of the same financial organisations who 'weathered' the crisis by being funded by The Fed, will not be able to tell Trump what to do like they would have with her.

    It's getting close to decision time for Obumma as to whether he will give her a 'keep out of jail' card aka a presidential pardon for all her misdeeds!

    Dec 04th, 2016 - 10:50 am - Link - Report abuse +1
  • :o))

    The 'backers' [donors/investors] don't [needn't] have any loyalty / ethics. They can “back” anyone - including Trump - who is in the position to help them grab more money! Trump MUST love this situation!

    Dec 08th, 2016 - 09:37 am - Link - Report abuse -1

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