Research >> Economics
November Employment increased by 147,000
Unemployment Rate dropped to 7.7%
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 health care.
The unemployment rate edged down to 7.7 percent in November. The number of unemployed persons, at 12.0 million, changed little.
Total nonfarm payroll employment increased by 146,000 in November. Since the beginning of this year, employment growth has averaged 151,000 per month, about the same as the average monthly job gain of 153,000 in 2011. In November, employment rose in retail trade, professional and business services, and health care.
The change in total nonfarm payroll employment for September was revised from +148,000 to +132,000, and the change for October was revised from +171,000 to +138,000.
Posted: December 7, 2012 Friday 08:11 AM