The unemployment rate unexpectedly fell to 10 percent in November as employers cut the smallest number of jobs since the recession began . The better-than-expected job figures are a rare note of encouraging news for the labor market.
Still, the respite may be temporary. Many economists expect the unemployment rate to climb into next year as the economy struggles to generate enough jobs for the 15.4 million people out of work.
I just want to comment something here. So companies didn't make new jobs, only cut smaller number of jobs. Is that so better? I don't understand, nobody says today anything about debt and my opinion is that of shore jobs will never return to USA, there will be more and more jobless people so this news is helping only Crimex not to be exposed as new Madoff scam. The are all criminals, Gold will go higher, dollar is fiat money and hold on to your shares. I still think that next year will be crash year of this Criminal Monetary World System, Gold is right place to be in.