Subscribe Register Login

Wednesday, April 23, 2014, 7:39 p.m.
Top Picks - Mobile App

Solid U.S. job growth cuts unemployment to 7%

By The Associated Press

This article was published December 6, 2013 at 11:41 a.m.

WASHINGTON — The U.S. job market is proving sturdier than many thought.

Solid job growth in November cut the U.S. unemployment rate in November to 7 percent, a five-year low. The surprisingly robust gain suggested that the economy may have begun to accelerate. As more employers gain the confidence to step up hiring, more people have money to spend to drive the economy.

Employers added 203,000 jobs last month after adding 200,000 in October, the Labor Department said Friday. November’s job gain helped lower the unemployment rate from 7.3 percent in October. The economy has now added a four-month average of 204,000 jobs from August through November, up from 159,000 a month from April through July.

Read more in Saturday's Arkansas Democrat-Gazette.

Comments on: Solid U.S. job growth cuts unemployment to 7%

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

Displaying 1 - 10 of 26 total comments

Jump to last page >>

Pacorabone says... December 6, 2013 at 12:57 p.m.

If the economy is SO great and employment is SO strong and "robust"... Why is (el commissar) the president, along with Pealosi and other progressive democrats pushing this urgent, emergency extension of unemployment benefits and insurance? Any of you obama lovers have an explanation for this?

( | suggest removal )

BillSmithFreeSpiritMan says... December 6, 2013 at 1:20 p.m.

Because 7 % is still worse than 4 %. DUH!!!!

( | suggest removal )

DontDrinkDatKoolAid says... December 6, 2013 at 3:05 p.m.

chiefmom, the answer to that is those that were employed are GOVERNMENT WORKERS. Not in the private sector.
~
Thus no change in the real job market, in the real world.

( | suggest removal )

BillSmithFreeSpiritMan says... December 6, 2013 at 3:40 p.m.

chiefmom,,, dddk...................
Under Obama, a Record Decline in Government Jobs
By FLOYD NORRIS
When Barack Obama ran for president four years ago, he appalled some Democrats by saying Ronald Reagan had been a transformational president.

Three years into his presidency, he has exceeded Reagan in one area: reductions in government jobs.
Over all — including a decline of 12,000 public sector jobs in the Labor Department report for December — government employment is down 2.6 percent over the last three years, compared to a decline of 2.2 percent in the early Reagan years. That is a record.

( | suggest removal )

DontDrinkDatKoolAid says... December 6, 2013 at 4:28 p.m.

Then again chiefmom, the Government jiggered the numbers during the election to make Obama look good. Thus can We The People really trust the current administration? I say no.

( | suggest removal )

JessePinkman says... December 6, 2013 at 5:45 p.m.

My industry is terrible right now and we have shed a ton of jobs, but as long as everyone else feels good more power to you. The problem these days is most jobs available require hard work or an IQ over 50. The Obama voters do not have either requirement.

( | suggest removal )

BillSmithFreeSpiritMan says... December 6, 2013 at 5:56 p.m.

dddka ..... You got any links with verifiable facts to back up your mouth?

( | suggest removal )

JessePinkman says... December 6, 2013 at 6:06 p.m.

A record for less government employees and for more government debt. He should go run a company; that is the kind of CEO they dream about, less employees and less income

( | suggest removal )

cliffcarson says... December 6, 2013 at 6:38 p.m.

Jimmy

What is your industry?

( | suggest removal )

RonalFos says... December 6, 2013 at 7:09 p.m.

The debt can be blamed on 3 things: 2 major unfunded wars, tax cuts for the wealthy and lower government income due to the biggest recession since the Great Depression.

( | suggest removal )

Click here to make a comment

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

TOP JOBS

  • Property manager

    35,000The North Little Rock Housing Authority is seeking app...
    NORTH LITTLE ROCK, AR

  • Maintenance mechanic

    (Lead Maintenance)(Salary $ 13.90/hr.)The North Little Rock...
    NORTH LITTLE ROCK, AR

  • Teacher

    special ed teacher k-6, math teacher 7-12, For further info...
    NORPHLET, AR

  • It project manager

    The Office of Information Systems is seeking candidates for ...
    RUSSELLVILLE, AR

  • Experienced mechanic

    Groendyke Transport Seeks Trouble shooting and performing m...
    Little Rock, AR

Search 802 jobs >

Top Picks - Mobile App
Arkansas Online