Employers added 120,000 jobs last month and the unemployment rate dropped slightly to 8.6%, the Labor Department reported Friday.
Of the 13.3 million unemployed people in November – down from 13.9 million in October — 5.7 million had been without jobs for 27 weeks or more, the Labor Department said.
It is the second consecutive monthly drop in unemployment. In October, the unemployment rate was 9% and it had been 9.1% in July, August and September.
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