Unemployment Dips to Lowest Rate Since 2007
The national unemployment rate fell from 4.9% in October to 4.6% in November, the lowest it has been since 2007. says the Department of Labor in it’s monthly jobs report. Last month, 178,000 jobs were added, which is likely due to modest job growth and more than 400,000 people leaving the work force.
For Latinos, the unemployment rate remained at 5.7%, but job growth in accounting and ambulatory health care services helped to increase the number of employed Latino workers.
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Professional and business services continue to grow at a rapid clip, leading in November as the industry with the most number of jobs created.
Read more in our latest Latino Jobs Report.
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