A little good news is warranted these days:
The Labor Department reported Friday that the United States economy shed 11,000 jobs in November, and the unemployment rate fell to 10 percent, down from 10.2 percent in October.
The government also significantly revised September and October numbers. September was adjusted to show a loss of 139,000 jobs instead of 219,000, and October 111,000 instead of 190,000.
I'll take the good news.
Update: Ian breaks down the numbers.
Update 2: Krugman says the employment news "is a tragedy, wrapped in a weird complacency."