Tuesday, October 22, 2013

Unemployment drops to 7.2%


The U.S. economy added 148,000 jobs in September, suggesting that employers held back on hiring before a 16-day partial government shutdown began Oct. 1.

Still, hiring was strong enough to lower the unemployment rate. The Labor Department said Tuesday that the rate fell to 7.2 percent, down from 7.3 percent in August and nearly a five-year low.

More at the Huffington Post.

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