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>> you register surprise like i go when the 7.7% number came in. but we've got to find out, did the labor force shrink? that's the key to understanding the rate -- >> lot of economic data, the headlines look good. when you dig, it's been disappointing. >> let me conclude, that we have it, 7.7%, the unemployment rate in november. 146,000 jobs created. that's it for this fox business special report. we'll continue the coverage throughout the day. now back to our regular programming. >> steve: all right. thank you very much. it's interesting what peter barns said from washington and that was that...

Good news for america's workers and the president. a little christmas cheer some early. the u.s. economy generating a stronger than expected 146,000 new jobs in november helping trim the jobless rate to 7.7%. a four-year low. happy holidays, right? not if you're john boehner. >> this isn't a progress report because there is no progress to report. the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> yes, indeed, it's like a visit from the ghost of christmas past, casual friday edition. another positive month of jobs numbers, another ...

Failure of his stunt is proof the landscape of the debt and spending has changed, republicans remain dubious that reid actually had the votes but decided not to risk it. republicans tried to console themselves by arguing boehner is their chief negotiator and can ignore the mcconnell stunt. one more thing to report in the political theater vein. vice president biden will have lunch with a group of middle americans who can see their income taxes go up similar to the photo-op, the fiscal cliff photo-op of yesterday which was the president meeting with the middle class family. now to jobs. we have...

Unions,s supporting including reich sni rick snyder says it will make them more competitive. the home, if you will, the unofficial home, of the labor movement, is now a right-to-work state. that's going to make for an interesting 2014 state campaign there. the final race of 20912 election set for tomorrow thanks to the crazy ways louisiana does things. they have a run-off for a congressional race. it's a battle pitting the newly redrawn third district. it's republican versus republican there. well, good news on the jobs front. helping to boost the markets at the opening bell. we've been te...

Plenty of blame to go around but enough is enough. we node to get in a room. >> defining for everyone involved actually. >> it is. >> the republicans, speaker boehner, as well as the president and the administration. i mean, everyone fails if this fails. >> but you have to deal with ref gnaws. you have to deal with entitlements. you can't get there without entit entitlements. >> a small deal or a big deal? it will be so tempting to try to get another band-aid solution. >> i've heard -- >> the top number is out, november jobs number t.o. cnbc's brian sullivan for the latest. brian, what are the...