November Help-Wanted On-Line Advertising Fell Month-to-Month, and
Declined Year-to-Year at a Pace Not Seen Since the Depths of the
Economic Collapse into 2009

Payrolls Rose by 178,000 in November and 142,000 in October, but
Full-Time Employment Gained Just 9,000 in November,
Having Declined by 103,000 (-103,000) in October

Drop in Headline November Unemployment Rate Was Dominated by the
Unemployed Leaving the Labor Force Faster than They Could Gain Jobs

November 2016 Unemployment Rates Moved Lower: U.3 to 4.6% from 4.9%,
U.6 to 9.3% from 9.5%, ShadowStats-Alternate Rate to 22.8% from 22.9%

Participation Rate Declined, with Employment-to-Population Ratio Unchanged

Despite a Monthly Gain and Upside Prior-Period Revisions,
Real Construction Spending Remained Down by 23% (-23%) from
Recovering Its Pre-Recession High

November M3 Annual Growth Notched Higher to 3.7% Versus an
Upwardly Revised 3.6% in October; Still Down from 4.1% in September