Good analysis of why the UE rate went down today even though jobs were lost: http://www.calculatedriskblog.com/2009/12/if-economy-lost-jobs-why-did.html http:/

Good analysis of why the UE rate went down today even though jobs were lost: http://www.calculatedriskblog.com/2009/12/if-economy-lost-jobs-why-did.html http://www.calculatedriskblog.com/2009/12/if-economy-lost-jo... Quick summary: Rate was probably overestimated in October and underestimated in November. But read it, it's a very informative article with scatter plots, etc.