US unemployment falls to 7 pct. on 203K jobs added
WASHINGTON (AP) — A fourth straight month of solid hiring cut the U. S. unemployment rate in November to a five-year low of 7 percent. The gains in the job market could spur greater economic growth. The Labor Department said Friday that employers added 203,000 jobs, nearly matching October's revised gain of 200,000. The job gains helped lower the unemployment rate from 7. 3 percent in October. The strengthening job market is likely to fuel speculation that the Federal Reserve may scale a...
Read MoreFri, 06 Dec 2013
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