CNNMoney: September jobs report: Unemployment rate tumbles
October 5th, 2012
09:24 AM ET

CNNMoney: September jobs report: Unemployment rate tumbles

NEW YORK (CNNMoney) - The unemployment rate tumbled in September as more people returned to the labor force and steady hiring continued.

Employers added 114,000 jobs during the month, down from a revised 142,000 jobs in August, the Labor Department said Friday. But revisions to July and August mean the economy added 86,000 more jobs than originally reported in those months.

Meanwhile, the unemployment rate unexpectedly fell to 7.8% in September, from 8.1% the prior month.

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Topics: Economy • jobs