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7.7%

Unemployment Drops to 7.7%

December 8, 2012

November’s unemployment rate dropped from 7.9% down to 7.7%, the lowest it has been since 2008.  The U6 unemployment figure is still much higher at 14.4%.  The economy added about 146,000 jobs, but labor participation still remains at a depressingly low 63.6%, which clocks in at the second lowest level since Obama took office — [...]

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