Friday, December 3, 2010 – 10:30 a.m.
This mornings grim news on the economy was no surprise here.
According to the U.S. Department of Labor the national unemployment rate climbed to 9.8% in November. Up from 9.6% in October.
The net number of jobs added? A paltry 39,000, of which, most were temporary positions likely to leave the workforce after the holiday season ends.