U.S. Unemployment Rate Falls to 7.8 Percent
First time below 8 percent since Obama took office
UPDATE: Nonfarm payrolls came in right in line with estimates at 114K, but the unemployment rate tumbled to 7.8 percent.
UPDATE: Nonfarm payrolls came in right in line with estimates at 114K, but the unemployment rate tumbled to 7.8 percent.