Some Bright Spots in a Gloomy Jobs Report
Revised data from August and September show fewer jobs lost in those months, and temporary-help trends are encouraging, says Morningstar's Bob Johnson.
Jason Stipp: I'm Jason Stipp with Morningstar. The government released employment data this morning, and it was disappointing for most market watchers. The unemployment rate crept up to 10.2 percen; that's higher than a lot of people expected, and the market shed 190,000 jobs in October.
Here with me to dig in the numbers a little bit is Morningstar's Bob Johnson. He's Associate Director of Economic Analysis. Thanks for joining me, Bob.