In response to:

Unemployment Rate Drops to 7.7 Percent

RMan3 Wrote: Dec 07, 2012 9:50 AM
To get the truth, look at the numbers behind this 7.7% number. 146,000 jobs were added but... * 540,000 dropped from labor force last month. * The labor force participation rate dropped to 63.6%. * There are now 88,883,000 who are NOT in the labor force.
Frank98 Wrote: Dec 07, 2012 9:56 AM
yeah. But look at the stats 7.7 pucent ,things are looking up here in ameriKa.
Purty soon, we'll be down to 2 pucent as even more drops out the labor market or go on the disability rolls.
Then w/ great fanfare, Obama/Davis Soetoro and his marxist MSM will yell from the rooftops 25/8. 2 pucent unemployment . Wow. Of course 5% is considered full employment. But Soetoro will do more, much more than 5. Maybe even 1 pucent.

New numbers from the Bureau of Labor Statistics show the unemployment rate has dropped from 7.9 percent to 7.7 percent.

Total nonfarm payroll employment rose by 146,000 in November, and the unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in retail trade, professional and business services, and healthcare.

Economists had predicted the unemployment rate would go up as a result of Hurricane Sandy. BLS said the storm didn't have a large impact on the new statistics.

Hurricane Sandy made landfall on the Northeast coast...