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.
Are latest employment numbers a sign of recovery?