Last month's meme somehow got in there.....

imaging living 4 years under this

No one gives a damn about Mitt's opinion of it.

GObama!!

Any comments from those effin' loser ReTHUGs?

Ha!

Mr. Tears?

Recall that the unemployment rate varies in accordance with the Household Survey not the reported headline jobs number, which comes from a different report... The Establishment Survey

Sticking with the Household Survey ... Which is the report from which the Unemployment Rate is calculated we see:

US Employment DOWN 122,000 - Household Survey

The Civilian Labor Force DOWN 350,000 - Household Survey

Not in Labor Force UP 542,000 - Household Survey


So since even more people stopped looking for work ( 542,000) than lost their jobs (122,000) .... The unemployment rate went down ....

But the reason why is dismal

labor force since 2009 were to re-enter it, i.e., resume looking for work, the national unemployment rate would be above 9.5%. Add the workers who have been forced to accept part-time employment but who would prefer full-time employment and that national rate rises to over 14.5%.

The unemployment rate dropped to 7.7% in November BECAUSE 542,000 Americans stopped looking for work.

That's not Obama's fault -- the Rape-publi-scum tabled his 2011 stimulus bill and never advanced a jobs bill of their own -- but please stop putting lipstick on a pig.

Yahoo takes a predictably right-wing slant, but even so, it's difficult to argue with the numbers:

http://finance.yahoo.com/blogs/the-exchange/unemployment-rate-falls-more-adults-discouraged-quit-looking-165711644.html

"If all the people who have dropped out of the labor force since 2009 were to re-enter it, i.e., resume looking for work, the national unemployment rate would be above 9.5%. Add the workers who have been forced to accept part-time employment but who would prefer full-time employment and that national rate rises to over 14.5%."

...that was the reason the unemployment rate ticked up in October, as did the participation rate. An increase in the participation rate, while it would likely increase the unemployment rate, is not a bad thing. It's a sign the economy is recovering and people are more confident returning to the job search. The goal is to stimulate job creation enough to mitigate the impact.

Still, that it dropped this month is not good news, but could this be the impact of Sandy?

The quotes you are citing are from the Establishment Survey

The unemployment rate comes from the Household Survey and my numbers are accurate. Disturbing, but accurate.