In response to:

Unemployment Rate Drops to 7.7 Percent

Frank98 Wrote: Dec 07, 2012 9:49 AM
Many folks have said including moi that un-employment will probably fall to 3 pucent or even lower. As many folks drops out the job market and thousands are opting to go on disability (an all time high and now easily gotten as Soetoro wants them there to be dependent and to help brung down the unemployment #"s)the numbers will keep dropping. Fools shout hosannas to Soetoro.Look, the %'s are dropping even as they get shyster lawyers to help them get on disability rolls.

New numbers from the Bureau of Labor Statistics show the unemployment rate has dropped from 7.9 percent to 7.7 percent.

Total nonfarm payroll employment rose by 146,000 in November, and the unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in retail trade, professional and business services, and healthcare.

Economists had predicted the unemployment rate would go up as a result of Hurricane Sandy. BLS said the storm didn't have a large impact on the new statistics.

Hurricane Sandy made landfall on the Northeast coast...