The unemployment rate is down to 8.6 percent, the lowest it has been in two and half years.
According to the Labor Department, the country created 120,000 jobs in November.
Ian Shepherdson, an economist, said “Something good is stirring in the U.S. economy.”
In the report, September and October showed to be stronger months than previously expected. The last time unemployment was this low was back in March of 2009, two months after the President took office.
Obama said, “Now is not the time to slam the brakes on the recovery, right now it’s time to step on the gas.”
This report is a source of hope for our economy. Other indicators include: factories are producing more, construction is growing and people are buying more automobiles.
More than half of the jobs added are in the retail or food industries.
Keeping unemployment down will involve strong and steady job growth for our country.
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