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By Christopher S. Rugaber WASHINGTON -- The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The government said ...
The unemployment rate fell to 7.7% for November, according to a Department of Labor report [link opens in PDF] released today. This follows October's 0.1-percentage-point rise to 7.9%. Despite a ...
By Christopher S. Rugaber WASHINGTON -- Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market. The Labor ...
Disasters and accidents Hurricane Sandy: The death toll in the U.S. attributed to Hurricane Sandy rises to at least 90, nearly half in New York City, as millions of people in the Northeastern United States continue to deal with power outages, gasoline shortages and sparse public transportation. (Wall Street Journal) (ABC News) (US News) Damage from the storm is estimated to reach US $50 ...
In the last major economic release before the election, the Bureau of Labor Statistics reported this morning that total nonfarm payrolls jumped by 171,000 jobs in October. The job gains were well ...
Business and economy The United States Department of Labor says hiring picked up in October, with 171,000 jobs being added, though the unemployment rate rose 0.1% higher to 7.9%. (CNN) Disasters and accidents Lirak Bejko, the Albanian former political prisoner who set himself on fire in protest at delays in government compensation for communist-era dissidents, is dead. (BBC) The New York City ...
Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
The labor market has much improved, and the unemployment rate fell to 7.9% in October, but 12.3. During the Great Recession, the U.S. unemployment rate reached double digits, triggering government ...