US Unemployment Rate Down To 6.7%
Jan 13,2014 0 Comments
U.S. employers added a scant 74,000 jobs in December, the fewest in last three years. The disappointing gain ends 2013 on a weak note and could raise questions about the economy’s recent strength.
The Labor Department says the unemployment rate fell from 7 percent in November to 6.7 percent, the lowest level since October 2008. But the drop occurred mostly because more Americans stopped looking for jobs. The government counts people as unemployed only if they are actively searching for work.
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