Happy Holidays! Want to read some awesome good news about America's rip-roaring stallion of an economy?
In a jolting surprise to the economic recovery and market expectations, the United States economy added just 39,000 jobs in November, and the unemployment rate rose to 9.8 percent, according to the Department of Labor.
But wait, there's more!
November’s numbers were far below the consensus forecast of close to 150,000 jobs added and an unchanged unemployment rate of 9.6 percent.
Surely that can't be the limit of the glad tidings deliv'rd 'pon us this holy Shabbos!
More than 15 million people remained out of work last month, and 6.3 million of them have been unemployed for six months or longer.
If you, too, took a merry trip to the unemployment office this morning, then surely you shall rejoice in the knowledge that 14,999,999 other Americans are similarly disadvantaged this season. Maybe you guys should start a kickball league, or a knitting circle. Happy Econopocalyse!
Tags: Christmas, Economy, Hanukkah, Unemployment