Are latest employment numbers a sign of recovery?


These days, we’ll take any good news we can get, but is the latest drop in unemployment a sign of a material shift?  Simple math says not.  If we are to keep the latest report’s pace for new jobs, that’s 120K created in November, it would still take 9 years to get the 13.5MM people without jobs new opportunities.   I discussed this and more with Neil Cavuto on Dec 3rd.

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