The unemployment rate fell by 0.4 percentage point to 8.6 percent in November, and nonfarm payroll employment rose by 120,000, the U.S. Bureau of Labor Statistics reported today.
All American Investor
 |
| Unemployment Rate |
In November, the unemployment rate declined by 0.4 percentage point to 8.6 percent. From April through October, the rate held in a narrow range from 9.0 to 9.2 percent.
The number of unemployed persons, at 13.3 million, was down by 594,000 in November. The labor force, which is the sum of the unemployed and employed, was down by a little more than half that amount.
Read the Detailed Report and Tables
Source(s): U.S. Department of Labor: Bureau of Labor Statistics
Release: Employment Situation
Units: Percent
Frequency: Monthly
Original content Bob DeMarco, All American Investor
No comments:
Post a Comment