Unemployment Rate Falls to 7.8%, Best Since January 2009
Filed under: Economy, Jobs
By Lucia Mutikani
WASHINGTON, Oct 5 (Reuters) – The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama’s re-election bid.
The Labor Department said on Friday the unemployment rate, a key focus in the race for the White House, dropped by 0.3 percentage point to its lowest point since January 2009.
A survey of households from which the jobless rate is derived showed 873,000 job gains last month, the most since June…
Unemployment Rate Falls to 7.8%, Best Since January 2009 originally appeared on DailyFinance.com on 2012-10-05T08:25:00Z.
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