US Unemployment falls to 7%
Dec 06,2013 0 Comments
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.
The unemployment rate fell to 7.0% — the lowest level since November 2008, as more people said they got jobs and joined the labor force.
This is encouraging news for the 11 million Americans who remain unemployed. The job market has been improving for three years now, but at a frustratingly slow pace.