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Friday, October 5, 2012
UNEMPLOYMENT at 7.8%
I cannot comment on this as I am in transit between vacation and home.... Good News for the nation yet I am certain republicans and the Romney camp are asking for a recount.
US jobless rate falls to 7.8 pct., 44-month low
By CHRISTOPHER S. RUGABER | Associated Press – 7 mins ago
WASHINGTON (AP) — The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate fell because more people found work, a trend that could impact the presidential election.
The Labor Department says employers added 114,000 jobs in September. The economy also created 86,000 more jobs in July and August than first estimated. Wages rose in September and more people started looking for work.