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National Unemployment Down to 7.7 Percent

The first jobs report released after President Barack Obama’s re-election is better than expected

Despite the damage from Hurricane Sandy, 146,000 jobs were added to the economy in November, according to figures from the Labor Department released on Friday morning.  

The unemployment rate of 7.7 percent is the lowest since December 2008, according to the Associated Press, and down from October's 7.9 percent unemployment. Twelve million people remain unemployed.

The Department of Labor reports that the number of people unemployed for 27 weeks or more “was little changed at 4.8 million." 

The November unemployment rate for Connecticut will not be available for two more weeks. In October the state saw its unemployment rate rise to 9 percent for the third time this year.

The full national jobs report can be viewed on the Bureau of Labor Statistics’ website.

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Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Eric T Gray May 17, 2013 at 03:54 pm
Jessica, what do you mean 'when society lets them down'? I'm struggling to understand what you areRead More trying to convey... Please elaborate if you can.
Most Popular Poster May 17, 2013 at 02:03 pm
"Bethel teachers are not only educating students, but when society lets kids down, it’sRead More teachers who step in to fill the gap." Explain to me how an average salary of $60,000 per year for working 183 days during that year and an EXTREMELY generous retirement package (compared to the 240 a year the rest of us have to work) considered "society letting them down"?
Richard E. Merritt May 22, 2013 at 01:41 pm
Mike and the EDC most likely will be on the Dems Show Bethel Today in the future. They interviewRead More guests that already were on Eye On Bethel many weeks ago.
Most Popular Poster May 17, 2013 at 09:42 am
It was a great job Mike and the EDC did on keeping the jobs from Cannondale from leaving Bethel. TooRead More bad Paul Z. won't have the guts to ask you about it on this "lively" show.
Princess Pea May 17, 2013 at 12:26 am
Billy: Since I don't own a beat up 1998 Honda (rather, a non-beat up, rather nice, rather newRead More European sedan) does that mean I would have been immune to the seduction of the reduction in my property taxes? Just trying to follow your logic here...