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CNNW The Situation Room With Wolf Blitzer December 3, 2011

the american economy has created in the private sector jobs for the past 21 months in a row. that s nearly three million new jobs in all. more than half a million over the last four months. so we need to keep that growth going. there are some new signs of life in the u.s. job market. with a strong showing in november that caught a lot of the analysts by surprise. the labor department says employers added 120,000 jobs helping push down the unemployment rate from 9% in october to 8.6%. that s the lowest level in almost three years. but there s more to it than meets the eye. lisa sylvester standing by with more. so what s the story behind these latest numbers? okay, wolf. we re going to talk you through the numbers. first, the positive news. unemployment, as you mentioned, it did tick down from 9% to 8.6% in the month of november. that is very good news. and if you take a look at it in terms of the jobs created, 120,000 jobs that is higher than what economists were e ....

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CNNW The Situation Room With Wolf Blitzer November 30, 2011

i m wolf blitzer. you re in the situation room . captions by vitac www.vitac.com we begin with breaking news on wall street. a dramatic rescue and equally dramatic reaction on wall street. the stock market skyrocketing today on new that is the federal reserve and other central banks are taking direct action to prevent a financial meltdown in the euro zone using the their resources to keep money and credit flowing amid the staggering debt crisis. it s the largest coordinated move of its kind since 2008 when similar action brought u.s. credit markets back from the brink. let s go straight to alison kosik at the new york stock exchange. a banner day on wall street today. just a stunning rally. we re ending the day, the dow up 482 points. this is the best point gain for the dow we ve seen in two and a half years, this all coming after the central banks stepping in and meeting this relief rally. investors seeing it finally these monetary policymakers get it. what ce ....

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