Growth in the nation's labor market far exceeded forecasts last month, a signal that businesses are proving resilient through the disruption caused by Superstorm Sandy, the monster hurricane that punished the East Coast and disrupted that key artery of the economy, and the uncertain political situation. The unemployment rate, meanwhile, fell to 7.7%.
U.S. Defies Gloomy Forecast: 146K New Jobs In Nov., Joblessness Down To 7.7%
Forbes - 7 Dec 2012 15:54
Growth in the nation's labor market far exceeded forecasts last month, a signal that businesses are proving resilient through the disruption caused by Superstorm Sandy, the monster hurricane that punished the East Coast and disrupted that key artery of the economy, and the uncertain political situation. The unemployment rate, meanwhile, fell to 7.7%.
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