• U.S. unemployment falls to 7.7 percent

    By: Jason Stoogenke


    CHARLOTTE, N.C. - The national unemployment rate is down to 7.7 percent, the lowest it's been since December 2008.

    Wells Fargo economist Mark Vitner said, "The headline looks good," that things are going in the right direction. He also said to "expect fits and starts," and there will probably will still be months where the numbers don't look good.

    Darryl Cassell is looking for work.

    "When you got four kids, it really is stressful," he said.

    Cassell said he doesn't want unemployment, he wants a job.

    Denetria Dixon gave the same impression.

    "I'm not used to this. I'm used to work and depending on myself," she said.

    But then there's her sister. She not only has a job, she seems close to landing another one, even though it is still tough.

    "I've actually been on three interviews within this whole month so it's still kind of hard. I was expecting a call back from one place. They said to call them next week. They should have some work," Nisha Dixon said.

    Industries that did well last month include education, health care, auto manufacturing, temp work and retail.

    Some of that retail may be due to seasonal employment, but maybe not if Matthews-based retail giant Family Dollar is any sign. It opened 475 stores and a distribution center last fiscal year. It plans to add 500 stores and a distribution center this fiscal year.

    "I think that there's a level of optimism at Family Dollar. You know, we're excited about the future of our company and excited about the growth and the potential that we have," spokesman Josh Braverman said.

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