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Unemployment Rate Drops to 7.7 Percent

obamasux Wrote: Dec 07, 2012 11:29 AM
Every year during the holiday season the unemployment rate drops due to holiday seasonal hiring but those who have been blinded by their messiah call it a victory for obama. And when the seasonal holiday workers are fired the followers of the messiah will blame Bush for the high unemployment rate and will wait patiently for their messiah’s next miracle.

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...