Nov. unemployment rate falls to 7.7 percent, lowest level in four years

CNN Wire

7:47 AM CST, December 7, 2012


The U.S. economy added 146,000 jobs in November, and the unemployment rate fell to its lowest level in four years, the U.S. Labor Department said Friday.

The number is relatively strong given that some economists were concerned that Superstorm Sandy would weigh on job creation.

The November unemployment rate fell to 7.7 percent from 7.9 percent the month earlier.