Economic Alert

Unemployment Rate (United States) {US} OBSERVATION PERIOD: NOV (Monthly)

ACTUAL : 10.0%

PRIOR : 10.2%

REVISED : - -

SURVEY : 10.2% (Mean: 10.2%, High: 10.4%, Low: 9.9%)


Change in Nonfarm Payrolls (United States) {US} OBSERVATION PERIOD: NOV (Monthly)

ACTUAL : -11K

PRIOR : -190K

REVISED : -111K

SURVEY : -125K (Mean: -121K, High: -30K, Low: -185K)


Average Weekly Hours (United States) {US} OBSERVATION PERIOD: NOV (Monthly)

ACTUAL : 33.2
PRIOR : 33.0

REVISED : - -

SURVEY : 33.1 (Mean: 33.1, High: 33.1, Low: 33.0)


Unemployment rate falls to 10% in November. Nonfarm payrolls dropped by 11,000 in November, a number not seen since December 2007. Also, September and October numbers were revised lower by a total of 159,000. Economist expected a loss of 125,000 jobs in November. Futures spiked after the report.