"It's a significant report for the Fed to decide whether to begin winding down its bond-buying stimulus program," NPR's Yuki Noguchi tells Morning Edition. "They've been buying $85 billion a month in mortgage-backed securities, which is basically like a money spigot, putting money back into the economy. And they've been debating when to turn that money spigot off."


While the November jobs report is largely positive, MarketWatch notes that there are some caveats: "As many as one-fourth of the jobs created last month could reflect seasonal hiring that will dissipate after the holidays. And the number of long-term unemployed -- people out of work for at least six months -- was basically unchanged in November at 4.1 million''

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