At first blush, the new jobs report looks awful, but the context matters and the top lines paint a wildly misleading picture. Expectations heading into this week showed projections of about 110,000 new jobs having been added in the United States in October. As it turns out, according to the new report from the Bureau of Labor Statistics, the totals were actually quite a bit worse than that. NBC News reported : The U.S. unemployment rate, meanwhile, was unchanged at 4.1%. At first blush, this