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Now, let's dig in! Image Source: Getty Images Although 245,000 new jobs were added in November, and the unemployment rate fell, there are four emerging trends in the report's data that are cause for concern, according to economists. These warning signs are particularly worrisome against a backdrop of reimposed lockdowns and staggering numbers of infections. Plus, millions will lose their unemployment benefits by year's end.
"It feels weird to say a report that shows 245,000 jobs added and a .2-point drop in the unemployment rate is worrying," said a Glassdoor economist. "[But] this feels like the calm before the storm."
Another economist echoed this concern: "There's no way to sugarcoat today's weak jobs report. Last year, monthly gains were about 200,000, so we are far below a good pace to return the almost 10 million jobless Americans back to work."
Other Hot Market News... How you can make serious money trading
Image Source: Pinterest All right folks, here's the deal - we're getting down to the wire. And the deck is stacked against us. For all intents and purposes, it looks like this "win" is going to get handed to the Biden campaign.
I'm not giving up or giving in - I'm just recognizing a reality while we're running out of time and the clock is ticking. After all, states only have until December 8 to "iron out any controversies" and it's December 14 when electors cast all of their votes.
So, if we're going to win, what we need is day after day after day of bombshells.
And I'm not the only one who feels that way. The question is, are there enough still out there and is anyone willing to listen once we find them?
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