PODCAST: Unemployment at 7 percent for the first time since 2008
A job seeker picks up a flier before meeting with a recruiter during a job fair in San Francisco, California.
The U.S. unemployment rate has fallen to 7 percent, its lowest point in 5 years. Employees added 203,000 jobs to payrolls in November, a bit better than economists' predictions of 180,000. But Julia Coronado, chief economist, North America for BNP Paribas in New York, says that like a lot of good economic news lately, this one comes with an asterisk.
The death of Nelson Mandela is being mourned around the world -- including university campuses where students, faculty and staff fought the apartheid in South Africa through disinvestment. In 1982, the University of Maine became one of the first 10 universities in the country to completely divest from the country.