Unexpected decline in unemployment in the U.S.
Posted on December 4, 2009 by Shay Greenberg for Luckyroom.com
The unemployment rate in the U.S. fell suddenly to 10% in November, as the job losses were almost zero, with 11,000 net redundancies, ie ten times less than that in October, according to official figures released todays newspapers. The job losses in the month of November were the fewest recorded since December 2007, the month the U.S. went into recession and last month in which the jobs created were more than those removed.
In addition, the Labor Department has corrected down the number of jobs removed in October. Does that now repealed 111,000 and not 190,000 jobs, as planned originally. The U.S. economy seems so close that by leaps in time that will create still more jobs than it eliminates, according to a recent forecast of the Federal Reserve (Fed), in which this can happen as early as January.
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