A piece on the US unemployment rate up to November from the Washington Post. Quote: The U.S. economy added 178,000 jobs in November, while the unemployment rate fell to 4.6 percent, a level not seen since August 2007, according to government data released Friday morning. The first employment report since voters went to the polls last month shows an economy in strong shape as President-elect Donald Trump prepares to take office. "It looks like firms are pretty bullish about what they're going to see in 2017 and are continuing their strong hiring of the past few years," said Steve Rick, chief economist at insurance company CUNA Mutual Group. "This is a good tailwind for the new administration." and a quote later in the article: "It is hard to imagine a more stark contrast between the economy that we are passing off to our successor and the economy we inherited," said Christopher Lu, the deputy secretary of the Labor Department. American multinationals have certainly lifted the economies of China and India in the last three decades by manufacturing there; Global poverty has fallen to a level inconceivable even 50 years ago. Trump's stated plan to bring employment back to the haunted rust belts of America is a good one; I wonder if it will happen. Will the same multinationals that employ Chinese youth sleeping in multi-storey dormitories with suicide nets succeed in manufacturing in the United States and making profits; will the companies that employ Pakistani families like those who died in the garment factory fires of 2015 be welcomed to Baltimore's sorrowful streets?
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