November 2010 Jobs Situation

                                               Prior     Consensus         Consensus Range           Actual
Nonfarm Payrolls - M/M change  151,000   168,000           100,000 to 200,000     39,000
Private Payrolls - M/M change    159,000                                                            50,000
Unemployment Rate - Level       9.6 %       9.7 %             9.5 % to 9.7 %             9.8 %
Avg Hourly Earnings -M/M chng 0.2 %       0.2 %            0.1 % to 0.2 %                 0.0 %
Av Workweek - All Employees 34.3 hrs   34.3 hrs           34.3 hrs to 34.3 hrs       34.3 hrs
(Source:Econoday)




Unemployment=9.8%  up 0.2%

 Second highest reading this calendar year.



Unemployemnt Rate for workers over 25yo w/ degree= 5.1%

New high. Largest move since 0.4% increase from 11/08 to 12/08.  



Discouraged Workers(in thousands)= 1,282

Workers who feel that there are no jobs jumps 5.0% to a new high

 




"Real Unemployment Rate=17%