U.S. jobless rate falls to 7.8 percent, 44-month low

By Christopher S. Rugaber

Associated Press

Published: Friday, Oct. 5 2012 7:40 a.m. MDT

Summary

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 declined because more people found work, a trend that could have an impact on undecided voters in the final month before the presidential election.

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Drifter

Provo, UT

It will be interesting to see how obama cronies cooked the books this time. Last time they found 400,000 jobs they did not know about. Looks like this time they are counting the part time workers as fully employed. great! Limbaugh warned about this More..

8:03 a.m. Oct. 5, 2012
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Tolstoy

salt lake, UT

@drifter
"they" being (the bureau of labor statistics) are counting the workers the same way they have for many decades now to arrive at these numbers.

9:23 p.m. Oct. 5, 2012
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