Special offer

US Unemployment Rate Continues to drop to 7.7% in November

By
Real Estate Broker/Owner with Metro Life Homes RS-78439 / BRE #01708344

US Unemployment Rate Continues to drop to 7.7% in November

Our nations economy continues to improve.  U.S. Census Bureau reports unemployement is down to 7.7% as of November, 2012.

This is a steady declining trend since the President first took office in 2009 as the chart below shows:

 

It seems that the government programs and stimulus intervention continue to pay off.

http://www.nbcnews.com/business/economywatch/jobless-rate-drops-4-year-low-economy-creates-146-000-1C7488578

A new housing trend boom has also been predicted as a result also:

http://money.cnn.com/2012/10/12/news/economy/housing-boom/index.html


Comments (2)

Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

The trend is good! Interesting comments from Bernecke that the Fed is tieing the rate to unemployment as well as inflation.

Dec 13, 2012 03:54 AM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Excellent market trend!

Thanks for sharing.

Dec 15, 2012 11:54 AM