Jobless Rate Now 7.8, Lowest Since 2009

Washington Post - 10/05/2012

In an unexpected show of an improving job market, the jobless rate has fallen from 8.1 percent to 7.8, the lowest it has been since Obama took office in 2009. The unemployment rate fell despite 418,000 more people entering the labor force. According to the Labor Department, employers have reported creating 114,000 jobs in September.

News of the improving job market comes at a time when the intensifying presidential election nears its final weeks. Read More

 

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