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Bulls, Elephants, Jobs

MarketWatch is reporting October jobless rate at lowest rate in five years.
Although U.S. nonfarm payrolls grew by a lower-than-expected 92,000 in October, this was not the entire picture. The unemployment rate fell to 4.4%, the lowest level since May 2001, the Labor Department reported Friday. Economists were expecting payroll growth of about 123,000, according to a survey conducted by MarketWatch. […]

Read entire post by Michael Shedlock

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