Consumer Spending Positive, but Job Picture Bleak — Unemployment Rises to 9.8%

A Washington Post article discusses the renewed strength of retail spending and housing data, citing the $1 billion of online sales during Cyber Monday.  However the latest Bureau of Labor Statistics provides a conflicting picture. After resting at 9.6% for the previous three months, the unemployment rate rose in November to 9.8%, according to the BLS employment […]