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Unemployment Rate Drops

Dec. 7, 1961 - The unemployment rate dropped sharply last month in the first significant decline in a year, the Kennedy Administration reported today. A spokesman said the improvement was expected to continue. Reflecting both good weather and the economic recovery from last winter’s recession, the seasonally adjusted rate fell from 6.8 percent to 6.1 between October and November. The rate had hovered around 7 percent for 11 months. The decline was the sharpest in three years.


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