Economics

November Jobs Report

U.S. economy created 146,000 jobs, unemployment falls to 7.7 percent

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The November jobs report is in, and it's a gigantic beat.

146K new jobs is well above expectations of 85K.

Private payrolls came in at 147K, which means that there was only a 1K drag.

Unemployment falls to 7.7% from 7.9%.

This is the lowest lvel since 2008.