US jobless rate drops
The US unemployment rate slipped to a December 2008 low in November but the job market remains stuck in a grinding crisis, government data released Friday shows.
The Labor Department's monthly jobs report was better than expected, with the jobless rate dropping to 7.7 percent from 7.9 percent in October and job growth picking up.
But the decline in the jobless rate was mainly due to people leaving the workforce, the department said.
And the improvement in job growth -- the economy added 146,000 jobs -- came after the department downwardly revised October's initial estimate of 171,000, to 138,000.
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