Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  December 07, 2012 14:49:32

U.S. - the unemployment rate unexpectedly fell in November to 7.7%, the number of new mst high above estimates


According to government statistics, the Labor Department in November, the U.S. economy as a whole has created 146,000 new jobs compared to 138,000 in October. The market expected a drop to 85,000 new jobs in the overall estimates range from 15 to 145 000.

The unemployment rate fell in November to 7.7%, the lowest since December 2007. Market stagnation counted at 7.9% in October. The proportion of workers in the total population has increased to 63.9% compared to the previous 63.5%.

The presented data show that, unlike the private sector has hurricane Sandy on the whole economy only a limited impact, despite the fact that due to bad weather was not at work around 369,000 persons compared to normal about 70 000

The private sector in November created 147,000 new jobs compared to the expected 90 000
The manufacturing sector has reduced stocks of 7000 seats.
The service sector has created 169,000 new jobs, construction diminish the 20,000 seats.

The average length of the workweek was flat at 34.4 hours, the average wage increased to $ 23.63 compared to $ 23.59 in October.
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