U.S. Unemployment Rate Hits Five-Year Low; Fed Gets Next Move

U.S. Unemployment Rate Hits Five-Year Low; Fed Gets Next Move (Reuters) The United States added 203,000 nonfarm jobs in November to bring unemployment to a new five-year low of 7 percent, the Labor Department reported this morning. The improved jobs picture is raising speculation of potential tapering of the Fed’s bond-buying monetary stimulus. The unemployment … Continue reading U.S. Unemployment Rate Hits Five-Year Low; Fed Gets Next Move

U.S. Unemployment Rate Hits Five-Year Low; Fed Gets Next Move

The United States added 203,000 nonfarm jobs in November to bring unemployment to a new five-year low of 7 percent, the Labor Department reported this morning.