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Policy

U.S. Unemployment Rate Falls to 7.8 Percent

First time below 8 percent since Obama took office

Reason Staff | 10.5.2012 8:33 AM

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UPDATE: Nonfarm payrolls came in right in line with estimates at 114K, but the unemployment rate tumbled to 7.8 percent.

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NEXT: Merkel to Visit Greece

Reason Staff
PolicyEconomicsUnemploymentElection 2012
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