.
Feedback

National Unemployment Down to 7.7 Percent

The first jobs report released after President Barack Obama’s re-election is better than expected

 

Despite the damage from Hurricane Sandy, 146,000 jobs were added to the economy in November, according to figures from the Labor Department released on Friday morning.

The unemployment rate of 7.7 percent is the lowest since December 2008, according to the Associated Press, and down from October's 7.9 percent unemployment. Twelve million people remain unemployed.

The Department of Labor reports that the number of people unemployed for 27 weeks or more “was little changed at 4.8 million."

The November unemployment rate for Connecticut will not be available for two more weeks. In October the state saw its unemployment rate rise to 9 percent for the third time this year.

The full national jobs report can be viewed on the Bureau of Labor Statistics’ website.

Newsletter & Alerts

Get the best stories each day and important breaking news

Subscribe

Not from Fairfield Patch? Find your Local Patch »

Loading comments ...
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Sandra May 21, 2013 at 08:08 am
Obama is using "Plausible deniability is a term coined by the CIA during the KennedyRead More administration to describe the withholding of information from senior officials in order to protect them from repercussions in the event that illegal or unpopular activities by the CIA became public knowledge."
Johncb May 20, 2013 at 11:33 pm
Don't forget his leniency on Food Stamp applications to increase his voter block constituency.Read More Nothing more unethical than buying the vote with OUR money.
Darrell Imhoff May 20, 2013 at 08:43 pm
This petulant stooge should be impeached by the House.Too bad the left wing kooks in the SenateRead More wouldn't toss his sorry butt out the door.If the corrupt main stream media had properly vetted this clown,maybe we could have avoided this mess.