The country added 120,000 jobs in the month of November.
The Unemployment Rate fell to 8.6%, the lowest since March 2009.
October and September jobs numbers were revised higher by 72,000 jobs.
Private Sector adds 140,000 jobs as Public (government) loses 20,000 jobs.
Average Hourly Earnings fall by 0.1% to $23.18.
Size of US Labor Force declines by 315,000.
Retailers add the most jobs in November - 50,000.
The widely watched broader unemployment reading the U6 Rate fell to 15.6% from 16.2%.
****** My initial reaction is HOW DID THE unemployment rate fall to 8.6%? Was it because the number of participants in the labor force fell by 315,000? Or just another way the government massages numbers to make them look better? I will look for more info on how this occurred.
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
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