employment numbers in Nov. 2007

--non-farm payroll numbers rose by 94k, est 80k --Oct number was revised upward from 166k to 170k, Sept number was revised downward sharply from 96k to 44k -- transport and retail trade increased a lot MoM, not sustainable --though payroll number is better than expected, macro picture is weakening and the new drag is financial sector --25 bps rate cut is expected.