U.S. Employment Gain to Brazil Contraction: Global Economy
In November the U.S. payrolls rose by 183,000, less than October, but still enough to push the unemployment rate to 7.2%. That increase put the U.S. on track to add more jobs in a calendar year than any year since 2005. Brazil, on the other hand, saw its economy contract by the largest amount, approximately 0.3%, in a quarter in over two years. Additionally, Chinese manufacturing is expected to have slowed during the month of November, but other signals of the goods market?s health like the Purchasing Managers? Index grew, giving a conflicting outlook for the Chinese labor market.
See "U.S. Employment Gain to Brazil Contraction: Global Economy", Carlos Torres, Bloomberg News, December 1, 2013