A month ago, we discussed the rate of unemployment in the US and published our forecast for 2013. Two months ago, we predicted an extended unemployment fall period down to the level of 6.2% in the third quarter of 2013. This prediction was made after we accurately forecasted (on March 1, 2012) the rate of unemployment in the US to fall to 7.8% by the end of 2012. For the first time in 2012, the BLS announced 7.8% in September and the rate for November is 7.7%. One may expect a lower figure in December 2012. Here we update our model and estimate that the rate of unemployment in the fourth quarter of 2013 may fall ... (full story)