U.S. Job Gains `Real,' Economy `Fine,' Rupkey Says
Dec. 7 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about the U.S. jobs report released today by the Labor Department.
Employment climbed by 146,000 following a revised 138,000 gain in October that was less than initially estimated. The unemployment rate fell to 7.7 percent, the lowest since December 2008, as size of the labor force shrank. (Source: Bloomberg)