[lbo-talk] the Home Depot economy

[Shane Taylor]

Doug Henwood fwd'd:
> Companies created 57,000 new jobs in November. Although
> that was the fourth straight monthly gain in employment, it fell
> far short of 150,000 private economists had expected.
>
> However, in a positive sign, the jobless rate dropped to an
> eight-month low of 5.9 percent.

Why is that?  Are a chunk of people dropping out of the labor market? 
Aren't the recent employment gains alone too paltry to account for the
drop?

-- Shane

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