The November jobless numbers are out.
The unemployment rate is at its lowest rate since November 2008 with 203,000 jobs added this November. That’s more than the 183,000 estimate of economists surveyed by CNNMoney.com
The unemployment rate fell to 7.0% from 7.3%.
Revisions to the previous two month’s reports are as follows:
October was revised down to 200,000 from 204,000
September was revised up to 175,000 from 163,000
Long-term unemployed remained steady at 4.1 million.
There are 10.9 million unemployed people in the U.S., according to the Labor Dept. That’s down from 11.3 million in October.
See CNNMoney.com for a full breakdown and analysis.