November 2013 Employment Report Shows Gain of 203000 Jobs while Unemployment Rate Drops to 7 Percent

Total nonfarm employment in the United States rose by 203,000 jobs in November 2013 while the unemployment rate declined from 7.3 percent to 7 percent and the number of unemployed persons dropped from 11.3 million to 10.9 million, according to ‘THE EMPLOYMENT SITUATION — NOVEMBER 2013’ released today by the U.S. Department of Labor’s Bureau…