Another poor jobs report

The TRUTH about the numbers

" Superficially, the November jobs report doesn’t look bad. Non-farm jubs increased by almost 150,000 and the unemployment rate dropped to a four year low of 7.7 percent.

Viewed with a little more sophistication, the report looks worse. 150,000 new jobs isn’t very impressive. And the drop in the unemployment rate stems from the large number of Americans who stopped looking for work.  [The bureaucrats don't count as unemployed those who have given up looking - clipper]

In fact, the deeper one drills down, the grimmer the picture"     [Power Line]