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1:45 PM ET, December 2, 2011

memeorandum

 Top Items: 
Bureau of Labor Statistics:
Employment Situation Summary  —  Transmission of material in this release is embargoed USDL-11-1691 until 8:30 a.m. (EST) Friday, December 2, 2011  —  Technical information:  —  Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
RELATED:
Shobhana Chandra / Bloomberg:
U.S. Jobless Rate Unexpectedly Declines to 8.6%  —  Payroll gains in the U.S. picked up last month and the jobless rate unexpectedly fell to the lowest level since March 2009, a decline augmented by the departure of Americans from the labor force.  —  Payrolls climbed 120,000 …
Catherine Rampell / New York Times:
Signs of Hope in Jobs Report; Unemployment Drops to 8.6%  —  The American unemployment rate unexpectedly fell to its lowest level in two and a half years in November, despite the many global crises batting against the economy.  —  The unemployment rate fell to 8.6 percent …
Phil Izzo / Real Time Economics:
Why Did the Unemployment Rate Drop?
Steve Benen / Washington Monthly:
Jobs picture improves, unemployment drops
Discussion: The Maddow Blog
Derek Thompson / The Atlantic Online:   8.6% Unemployment: The Good, the Bad, and the Mysterious in the Jobs Report
Josh Boak / The Politico:
Unemployment rate drops to 8.6 percent
Discussion: CNN and The Political Carnival
Alan B. Krueger / White House.gov Blog:
The Employment Situation in November
Discussion: The Enterprise Blog
Wall Street Journal:
Unemployment Slips to 8.6% as Private Sector Adds Jobs
Charles Krauthammer / Washington Post:
Mitt vs. Newt  —  It's Iowa minus 32 days, and barring yet another resurrection (or event of similar improbability), it's Mitt Romney vs. Newt Gingrich.  In a match race, here's the scorecard:  —  Romney has managed to weather the debates unscathed.  However, the brittleness he showed …
RELATED:
Ramesh Ponnuru / National Review:
Romney's the One  —  Even though nobody has yet cast a vote in the primaries, Republicans are increasingly resigned to Gov. Mitt Romney's winning the party's presidential nomination.  Every week he gets a few more endorsements from Republican officeholders.
Jonathan Bernstein / Washington Post:
Gingrich presidential run inspires fear and loathing in top GOP circles  —  Sure, Newt Gingrich is surging in the polls.  But the blunt truth about Newt is that the people who know him best and have worked with him in Washington want him nowhere near the White House or the top of the GOP ticket …
Dan Amira / New York Magazine:
Fundamentally: Newt Gingrich's Favorite Word  —  By now, we've all become familiar with Newt Gingrich's habit of using a few choice adverbs to make the things he says sound just a bit more intelligent to his listeners. … But none of them are as vital to the Gingrich lexicon as fundamentally …
Gschwarzcnn / CNN:
Santorum on Gingrich: ‘Humility is an important thing’  —  Manchester, New Hampshire (CNN) - Newt Gingrich's confidence in his staying power among GOP faithful may be premature, suggested long-time underdog Rick Santorum Friday.  —  Santorum was responding to a series of triumphant statements by Gingrich …
Scott Johnson / Power Line:
Nixon's the one!  —  I take myself to be the average Republican primary voter.
Hotline On Call:
Insiders Not Sold on Gingrich
Discussion: GOP 12
David Weigel / Slate:
Absolution for Newt  —  How evangelicals are finding a way to support Gingrich.
Discussion: Iowa Caucuses and The Politico
Paul West / Los Angeles Times:
Newt Gingrich expands on his support for child labor
Discussion: The Iowa Republican
Allison Samuels / The Daily Beast:
Herman Cain's Marriage Shaken by Infidelity Charges  —  As the one-time GOP frontrunner meets up with his wife to discuss his political future, friends say fresh charges of infidelity reopened old wounds in his marriage.  —  In October, Herman Cain was having the time of his life, according to those who know him well.
RELATED:
John DiStaso / unionleader.com:
Cain: Wife didn't know about friendship, ‘financial assistance’ to Ginger White
RELATED:
Alexander Bolton / The Hill:
Conservatives craft bill to prevent IMF bailout of crumbling eurozone  —  Conservatives say they will try to block the International Monetary Fund from bailing out Italy and Spain, which they say could leave U.S. taxpayers with a huge bill.  —  Republicans on both sides of the Capitol complain …
RELATED:
Paul Krugman / New York Times:
Killing the Euro  —  Can the euro be saved?  Not long ago …
Discussion: US Politics
Jennifer Jacobs / Iowa Caucuses:
Iowa Poll: Herman Cain support in Iowa takes nose dive  —  Herman Cain (David Purdy/Des Moines Register file photo)  —  Herman Cain's once-surging popularity in Iowa has plummeted in the wake of an allegation of a 13-year extramarital affair, leaving him at single-digit support with the Iowa caucuses just over a month away.
Washington Post:
Payroll tax break: Extension proposals from both parties fail in Senate  —  The Senate late Thursday rejected competing partisan visions for extending a temporary tax break that benefits virtually every American worker, clearing the way for more serious negotiations over how to cover the cost of the tax cut.
RELATED:
Russell Berman / The Hill:
Boehner hopes to avoid GOP Senate fate on payroll taxes
Discussion: The Politico
James Taranto / Wall Street Journal:
The Meathead Vote  —  For liberal baby boomers, it's always 1972.  —  In hilarious fashion, National Journal's Reid Wilson picks up on this week's predominant theme, Democrats and demographics.  He paints a sunny picture of President Obama's re-election prospects based on Ruy Teixeira …
Metro:
First-grader accused of sexual harassment  —  A Boston elementary school is investigating a 7-year-old first-grader for sexual harassment after he struck another boy his age in the groin.  But the mother of the accused said her son was fending off the other child, who had choked him in an altercation on a school bus on Nov. 22.
Josh Peterson / The Daily Caller:
Under assault for liberal bias, Politico's traffic dives  —  Internet traffic and Web search measurement tools from several sources indicate that despite massive promotion efforts on MSNBC and in other venues, Politico.com is rapidly losing readers, especially outside of Washington, D.C.
David Brooks / New York Times:
The Spirit of Enterprise  —  Why are nations like Germany and the U.S. rich?  It's not primarily because they possess natural resources — many nations have those.  It's primarily because of habits, values and social capital.  —  It's because many people in these countries …
The White House:
Upgrades Will Create Tens of Thousands of Jobs and Save Billions  —  WASHINGTON, DC - President Obama today announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years.  These investments will save billions in energy costs …
Discussion: ThinkProgress and Swampland
 
 
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 More Items: 
Jenna Johnson / Washington Post:
Cuddly puppies help law students de-stress before exams
Discussion: Gawker and Law Blog
Alexis Madrigal / The Atlantic Online:
Other Websites That Ran That ‘Women for Cain’ Stock Photo
WJXT-TV:
Teen stopped at airport for design on purse
Erik Wasson / The Hill:
White House warns spending talks are on track for another shutdown ‘crisis’
Discussion: The Politico
Jake Tapper / ABCNEWS:
Gingrich Breaks from Some in Anti-Abortion Community on When Life Begins
Discussion: LifeNews.com
Justin Sink / The Hill:
Ethics panel extends Jackson probe
Discussion: The Politico
Sam Dagher / Wall Street Journal:
Turf Battle Forms Over Hussein's Palaces
Discussion: Booman Tribune and MyFox Boston
 Earlier Items: 
Jeffrey Goldberg / The Atlantic Online:
Is Iran Already Under Attack?
Discussion: Harry's Place and Sister Toldjah
Wall Street Journal:
Pakistan Was Consulted Before Fatal Hit, U.S. Says
Discussion: emptywheel and MyFox Atlanta
Katie Roiphe / Slate:
Back Off, Angry Commenters
Discussion: Feministe, TBogg and Gawker
Alexandra Petri / Washington Post:
Michele Bachman gets things straight on gay marriage
Jeremy Herb / The Hill:
Senate passes $662B Defense bill after deal on detainee language
Discussion: Shakesville
Tyler Durden / zerohedge.com/fullrss2.xml:
GM Channel Stuffing Surges To All Time Record
Discussion: Weasel Zippers and Don Surber
Ambrose Evans-Pritchard / Finance:
You are all wrong, printing money can halt Europe's crisis
 

 
From Mediagazer:

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Stephen Alpher / CoinDesk:
Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish fired three editors, including EIC Kevin Reynold, amid controversy over forcing editors to take down an article on Justin Sun

 
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