Jobless rate falls to 8.6%, sending mixed message on economy
The U.S. jobless rate fell sharply last month to its lowest level since March 2009 as employers stepped up their hiring in the latest sign of a steadily improving economy.
The report Friday from the Labor Department wasn't entirely positive. The unexpectedly big fall in the unemployment rate, to 8.6% from 9% in October, was partly due to droves of workers, mostly women, who dropped out of the labor force, many probably because they saw weak job prospects.
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