The breakdown of December’s extremely misleading job report

Four days after Wall Street and the business media went gaga over the better-than-expected 292,000 new jobs created in December, let me tell you the non-adjusted truth: There were just 11,000 new jobs created last month. That's not my estimate or the guess of some on-the-fringe Obama administration critic. That comes directly from the Labor Department Web site. Here's how to find it.

Read more at the New York Post
(Hat tip: KimR)