November Jobs Report: Unemployment Down to Seven Percent

[LPH]

LPH submitted a new blog post:

November Jobs Report: Unemployment Down to Seven Percent

The U.S. Bureau of Labor Statistics reported a drop in unemployment from 7.3% to 7.0%. According to BLS:

Total employment as measured by the household survey increased by 818,000 over the month, following a decline of 735,000 in the prior month. This over-the-month increase in employment partly reflected the return to work of furloughed federal government employees.​

BLS also revised September up and October down, leading to an increase of 8,000.

CNN Money points out that...

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