ES Journal Archive (2011)

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Quote from JoshDance:

NFP was pretty in-line, but unemployment was 8.6 -- best number in over 2 years and quite a difference from expected 9s again... if they need a reason maybe that's it.

Another way to look at it is people are getting discouraged and are dropping out of 'employment seeking' category....thereby reducing the unemployment rate. So this could be the other side.
 
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