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Unemployment Rate Drops to 7.7 Percent

getthelibsout Wrote: Dec 07, 2012 11:02 AM
note to everyone on here with a job...if we'll just quit today, unemployment numbers should be down to 2% by monday....that about right, you libshitz?

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...