The unemployment rate has reached a five year low which means there has been an impressively good improvement in the U.S. job market. U.S. released the data for unemployment and it really did surprise us. The solid job growth in November has the brought down the U.S unemployment rate to just 7 percent. This could also mean more hiring and ... Read More »
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Economy Creates 114,000 Jobs, Unemployment Rate Faills to 7.8%
The unemployment rate is still to high for comfort but still it has come down to 7.8 percent and the ghastly economy manged to add 114,000 jobs in the last quarter. This is the first time in four years that the unemployment rate has gone below 8 percent. The Labor Department reported Friday that the unemployment rate fell to 7.8 ... Read More »