Jobless Rate Falls Below 8% For First Time In Almost 4 Years

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 fell because more people found work, a trend that could help President Barack Obama as he comes off a disappointing debate against Mitt Romney.

Jobless Rate Falls Below 8% For First Time In Almost 4 Years was originally published on ronewoldcnews.staging.go.ione.nyc

The Labor Department said employers added 114,000 jobs in September. The economy also created 86,000 more jobs in July and August than first estimated. Wages rose in September and more people started looking for work.

READ MORE: NBC Washington

Jobless Rate Falls Below 8% For First Time In Almost 4 Years was originally published on ronewoldcnews.staging.go.ione.nyc