WASHINGTON â€” The unemployment rate in the U.S. fell last month to its lowest level in more than 2-1/2 years as employers stepped up hiring in response to the slowly improving economy.
The Labor Department says the unemployment rate dropped to 8.6 percent in November from 9 percent in October. The rate hasn't been that low since March 2009, during the depths of the recession.
Employers added 120,000 jobs last month. And the previous two months were revised up to show that 72,000 more jobs added â€” the fourth straight month the government revised prior months higher.
Catawba Valley Community College received the largest financial gift in the schoolâ€™s 53-year history, and now the facilityâ€™s multi-purpose complex will be named in the donorâ€™s honor. Who made the donation and what will the schoolâ€™s one-of-a-kind facility be called? Find out in the Friday edition of The O-N-E and online at http://www.observernewsonline.com/content/biggest-gift.
A dead body was found in Lake Norman on Thursday morning, and police investigators are piecing together a puzzle to find out what happened. More details in The O-N-E.