Economic Charts

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Sunday, January 9, 2011

December Non-Farm Payrolls

December's Non-Farm Payrolls were released yesterday disappointing forecasts.  Non-Farm Payroll is change in the number of employed people during the previous month, excluding the farming industry.  The forecast called for adding 159K jobs in December, but only 103K were added disappointing the market.  As Dylan Ratigan reports this is only 1/3 of what is needed per month to begin to recover the number of jobs lost since the recession began.

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