Unemployment Drops to 10%
Jobs put in best showing since 2007
By Kevin Spak,  Newser Staff
Posted Dec 4, 2009 7:47 AM CST
In this Oct. 27, 2009, photo job seekers line up in front of a Dollar General booth at a Little Rock, Ark., job fair.   (AP Photo/Danny Johnston, file)

(Newser) – Job losses slowed and the unemployment rate unexpectedly fell in November, the Labor Department announced today, in its most positive jobs report since 2007. Nonfarm payrolls fell by a mere 11,000, while the unemployment rate, which is determined by surveying households rather than companies, fell from 10.2% to an even 10%. Economists had predicted that the rate would hold steady, notes the Wall Street Journal.