Nightly News   |  December 06, 2013

Jobs report brings encouraging economic news

Employers added many more jobs than expected in November: 203,000, which helped bring down the unemployment rate. NBC’s Tom Costello reports.

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>>> another big story in the news the u.s. economy and jobs. positive news that more than 200,000 jobs were added in november. the unemployment rate has fallen from 7.3% to 7%. that's a five-year low, down from a peak of 10% four years ago. wall street liked what it heard. the markets finished up across the board today. nbc's tom costello reports tonight on where the jobs are showing up.

>> reporter: 24-year-old eddie christian is one face of an improving economy. after graduating from college and spending nine months searching for a job he just landed at starwood hotels in human resources .

>> the fact that i have a sense of security of a full-time job i feel lucky.

>> reporter: employers added more han 200,000 jobs for each of the last four months. in november, many were good-paying jobs. 40,000 in education and health care . 27,000 in manufacturing. 17 construction jobs. so they are coming in the right places. coming slower than maybe people wanted but, in fact, don't forget we came from a very, very dark place . so the light is starting to shine.

>> the unemployment picture is encouraging for a lot of people. for men the rate is 6.7%. for women, 6.2%. discouraging for african-americans, 12.5% don't have a job. look at teenagers. nearly 21% are out of work. nationwide, long-term unemployment is not improving. more than 4 million people have been out of work for six months or longer. still, eye glass designer warby parker is hiring. software engineers and retail employees.

>> we are planning for 2014 . look like we'll hire about 150 people next year.

>> reporter: tonight reason for optimism with the unemployment rate the lowest in five years. tom costello, nbc news, washington.