Unemployment drops to 7.7 percent - lowest in four years

Unemployment drops to 7.7 percent - lowest in four years

December 7, 2012 4:52 AM

The Labor Department released its November jobs report which shows the U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. CBS News' Rebecca Jarvis reports.

  • Recommended
  • Forbes' Forbes' "Most Powerful Women" list released

    3:14 May 22, 2013

  • The new gold standard? Investors ditch gold for diamonds The new gold standard? Investors ditch gold for diamonds

    2:33 May 17, 2013

  • Billionaire paperboys? Koch brothers may be looking to buy Billionaire paperboys? Koch brothers may be looking to buy

    4:13 May 10, 2013

  • Fortune 500 2013 list revealed Fortune 500 2013 list revealed

    3:36 May 6, 2013

  • Jobless rate down as 165K jobs added Jobless rate down as 165K jobs added

    0:20 May 3, 2013

  • How a Twitter hack caused a Dow dive How a Twitter hack caused a Dow dive

    2:18 April 30, 2013

  • Hobson on Apple: Are they the next Atari or Compaq? Hobson on Apple: Are they the next Atari or Compaq?

    2:07 April 24, 2013