U.S. Economy Adds 146,000 Jobs, Rate Falls to 7.7 Percent - 8 News NOW

U.S. Economy Adds 146,000 Jobs, Rate Falls to 7.7 Percent

Posted: Updated:

WASHINGTON (AP) -- The U.S. economy added a solid 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The government said Superstorm Sandy had only a minimal effect on the figures.

The Labor Department report offered a mixed picture for the economy.

Hiring remained steady during the storm and in the face of looming tax increases. But the government said employers added 49,000 fewer jobs in October and September than initially estimated. And the unemployment rate fell from 7.9 percent in October mostly because more people stopped looking for work and weren't counted as unemployed.

Still, there were signs that the storm disrupted economic activity. Construction employment dropped 20,000. And weather prevented 369,000 people from getting to work. They were still counted as employed.

  • Las Vegas NewsLas Vegas NewsMore>>

  • Police investigate double stabbing

    Police investigate double stabbing

    Friday, April 18 2014 9:17 PM EDT2014-04-19 01:17:18 GMT
    Two people suffering stab wounds were rushed to the hospital Friday afternoon, Metro Police said.More>>
    Two people suffering stab wounds were rushed to the hospital Friday afternoon, Metro Police said.More>>
  • Street performers peeved over downtown bathroom ban

    Street performers peeved over downtown bathroom ban

    Friday, April 18 2014 9:48 PM EDT2014-04-19 01:48:54 GMT
    Street performers bring a lot of entertainment to the Fremont Street Experience, but some of their say they are being forced out of the area when it comes to taking a bathroom break.More>>
    Street performers bring a lot of entertainment to the Fremont Street Experience, but some of their say they are being forced out of the area when it comes to taking a bathroom break.More>>
  • Coroner's office identifies 2-year-old hit by car

    Coroner's office identifies 2-year-old hit by car

    Saturday, April 19 2014 5:44 PM EDT2014-04-19 21:44:02 GMT
    The coroner's office has released the name of the little girl struck and killed by a car this week.More>>
    The coroner's office has released the name of the little girl struck and killed by a car this week.More>>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KLAS. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.