Last month we went from 139,749 employed to 139,415 (both thousands) employed. Those 600,000 people didn't find jobs, they are now without incomes.

[mEDITate-OR:
think that you are not being lied to...
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The headline says....
In the week ending Dec. 4, the advance figure for seasonally adjusted initial claims was 421,000, a decrease of 17,000 from the previous week's revised figure of 438,000. The 4-week moving average was 427,500, a decrease of 4,000 from the previous week's revised average of 431,500.
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But...!
Last month we went from 139,749 employed to 139,415 (both thousands) employed.
Those 600,000 people didn't find jobs, they are now without incomes.
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But then we stumbled across a rather frightening surge in the unadjusted claims numbers for last week. This raw measure of new filings for jobless claims soared by more than 169,000 for the week through December 4 — the biggest weekly gain by far since January 2010.

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Jobless Claims: Don't Get Excited
http://seekingalpha.com/article/240950-jobless-claims-don-t-get-excited?source=dashboard_macro-view
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Jobless Claims Continue to Trend Lower, But With a New Caveat
http://seekingalpha.com/article/240942-jobless-claims-continue-to-trend-lower-but-with-a-new-caveat?source=dashboard_macro-view
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