Marketplace Index for Friday, December 2, 2011
The Bureau of Labor Statistics announced that the U.S. created 120,000 new jobs in the month of November, while the national unemployment rate fell to a surprising 8.6 percent. It's the lowest the rate has been in two and a half years. Still, it's not all good news. Borrowing from Dickens, the overall economic picture in the U.S. tells a tale of two economies -- one that's very profitable for corporations and another that's devastating for American workers.
The Bureau of Labor Statistics announced that the U.S. created 120,000 new jobs in the month of November, while the national unemployment rate fell to a surprising 8.6 percent. It’s the lowest the rate has been in two and a half years. Still, it’s not all good news. Borrowing from Dickens, the overall economic picture in the U.S. tells a tale of two economies — one that’s very profitable for corporations and another that’s devastating for American workers.