05 October, 2012

CNN Breaking News

The U.S. economy added 114,000 jobs last month, while the unemployment rate fell to 7.8%, the Labor Department says.

The number of jobs added is roughly in line with economists' forecasts. However, the decline in unemployment was greater than expected and the number of jobs added in August was revised higher than originally reported.

The country generally needs at least 150,000 new jobs each month to keep up with population growth.

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