Job Creation Hits 146,000, Rate at 7.7%
- Written by: John Galt
- Published in Economics
CNBC | The U.S. economy created 146,000 new jobs and the unemployment rate slid to 7.7 percent, in a report much better than economists had expected.
Though most on Wall Street figured Superstorm Sandy to tamp down job growth, the Labor Department said the late-October storm that decimated the East Coast actually had little effect.