US registers lowest unemployment rate in four years

December 07, 2012 21:07

The US economy created 146,000 jobs in November, bringing down unemployment rate to 7.7 percent -- the lowest since the recession time in 2008.

Even Hurricane Sandy that affected millions of people did not have much impact on creating jobs, thus indicating that the American economy is showing signs of strong growth.

"Total non-farm payroll employment rose by 146,000 in November, and the unemployment rate edged down to 7.7 percent," the US Bureau of Labour Statistics report said.

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