The Labor Department reported Friday that the U.S. economy added a better-than-expected 146,000 jobs in November and lowered the unemployment rate to 7.7 percent. Economists had been expecting an increase of about 80,000 jobs and the jobless rate to stay steady at 7.9 percent, due in part to disruptions from Hurricane Sandy. At the same time, the Labor Department revised the October and September numbers downward. The drop in the jobless rate was attributed mainly to 350,000 people dropping out of the labor force.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- How academia's liberal bias is killing social science
- Why Pakistan won't hunt down the terrorists within its borders
- 43 TV shows to watch in 2014
- What would a U.S.-Russia war look like?
- Pope Francis' American problem
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- Why TheWeek.com is closing the comments section
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
- A brief history of the Christmas present
- Sorry, GOP, tax cuts don't pay for themselves
Subscribe to the Week