• Solid hiring may have further cut US jobless rate last month

    3 days ago - By Chron

    WASHINGTON - How low could the U.S. unemployment rate go?
    With employers thought to have hired at a robust pace in November, the jobless rate might have dipped to 4 percent - a level it hasn't reached since 2000 - or even lower.
    Economists have forecast that Friday's jobs report will show that employers added 190,000 jobs in November, according to a survey by FactSet. Hiring at that pace would be expected, over time, to lower unemployment.
    The Labor Department will issue the November jobs report at 8:30 a.m. Eastern time.
    The nation's jobless rate fell below 4 percent for five months in...
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