U.S. unemployment dips below 8 percent for first time since 2009
The U.S. unemployment rate in September dropped below 8 percent for the first time since the month President Barack Obama took office in 2009.
WASHINGTON — The U.S. unemployment rate dropped below 8 percent for the first time since the month President Barack Obama took office.
The rate, the most-watched measure of the country’s economic health, fell to 7.8 percent in September from 8.1 percent in August. A government survey of households found 873,000 more people had jobs, the biggest jump since January 2003.
The government’s other monthly survey, of employers, showed they added a modest 114,000 jobs in September, but it also showed job growth in July and August was stronger than first...
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