Good news Hiring stable, unemployment falls to lowest level since 2008 - Dec. 7, 2012 The U.S. economy added 146,000 jobs in November, and the unemployment rate fell to 7.7% from 7.9% in October, the Labor Department said. That's the lowest unemployment rate since December 2008. Economists surveyed by CNNMoney had expected a far weaker report, factoring in distortions from Superstorm Sandy. Despite the storm, the Labor Department said its survey response rates were in normal ranges. "Our analysis suggests that Hurricane Sandy did not substantively impact the national employment and unemployment estimates for November," the Labor Department said in a press release.