US Unemployment rate falls to 7% in November

US Unemployment rate falls to 7% in NovemberAccording to the latest figures released, the total unemployment rate has fallen to 7 per cent during the month of November, which is its lowest level in five years.

The data released by the Bureau of Labor Statistics showed that a total of 45 states and the District of Columbia recorded lower unemployment rates during the month of November compared to the previous month. The data also showed that five states recorded the same level of unemployment as the earlier month.

The country's unemployment rate fell to 7 per cent during the month and more than a third of the states recorded lower rates than the national average. North Dakota recorded the among the lowest unemployment rates in the country at 2.6 per cent, ahead of South Dakota 3.6 per cent and Nebraska at 3.7 per cent. North Dakota has been recording the lowest unemployment rate in the country since 2008 as the state recorded strong jobs growth due to the energy boom.

The data showed that Nevada and Rhode Island had the highest unemployment rates, each at 9 per cent ahead of Michigan at 8.8%. California was at 8.5%. Illinois.