Where's The Economic Recovery??

Weak Jobs Data Dash Hopes of Accelerating Recovery
By LUCA DILEO And JEFFREY SPARSHOTT

The U.S. economy added fewer jobs than expected in November and the unemployment rate rose, dashing hopes that the recovery is gaining momentum.

Nonfarm payrolls rose by 39,000 last month as private-sector employers added only 50,000 jobs, the Labor Department said Friday. The jobless rate, obtained from a separate household survey, unexpectedly rose to 9.8%, the highest level since April.


Economists surveyed by Dow Jones Newswires had forecast payrolls would rise by 144,000 and that the unemployment rate would remain unchanged at 9.6%.
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