U.S Employment

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The unemployment rate in U.S has fallen to 7.7% and its lowest level in the last four years, reported The Guardian.

People thought it was because of hurricane Sandy's. But its effect on the figures was much smaller many analysts had predicted, reported Recordline.

The hurricane did had a impact on the economy since the weather prevented 369,000 people from getting to work. This was the most for any month in almost two years, reported Recordline.

Finally, in this past month retail sector added 53,000 jobs as the holiday season started. But manufacturers did not have the best luck since they cut 7,000 positions, reported The Guardian

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This page contains a single entry by rami0225 published on December 7, 2012 10:18 AM.

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