October Annual Payroll Growth Declined to a 42-Month Low

Full-Time Employment Declined by 103,000 (-103,000) in October

October 2016 Unemployment Rates Notched Lower: U.3 at 4.9%,
U.6 at 9.5%, ShadowStats-Alternate Rate at 22.9%

Drop in Headline October Unemployment Rate Reflected
Unemployed Leaving the Labor Force, Not Getting Jobs

Participation Rate and Employment-to-Population Ratio Declined

With Continuing Contractions in Monthly, Quarterly and Annual Activity,
Real Construction Spending Remained Down by 24% (-24%) from
Recovering Its Pre-Recession High

Narrowing of Third-Quarter Trade Deficit Due to Short-Lived, Soybean-Export Surge

Collapsing Annual M3 Growth Showed Increasing Flight to Liquidity for Big Money;
Growth Soared in the M1 and M2 Subcomponents of M3