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The U.S. unemployment rate fell to 7.8 percent in September, the lowest since January 2009, the month that President Barack Obama took office in the teeth of a fierce recession.
The sharp drop in the widely watched indicator–from 8.1 percent in August–came as a boost to Obama’s re-election campaign...
http://www.businessweek.com/article...ate-falls-to-lowest-since-obamas-inauguration
The market jumped after figures showed unemployment claims were lower than expected.
The Dow Jones rose 0.6 per cent to 13,575, the S&P 500 rose 0.7 per cent to 1,461 and the NASDAQ Composite Index added 0.5 per cent to 3,149.
http://www.abc.net.au/news/2012-10-05/us-markets-rise-after-improved-jobs-data/4297138?section=business
The sharp drop in the widely watched indicator–from 8.1 percent in August–came as a boost to Obama’s re-election campaign...
http://www.businessweek.com/article...ate-falls-to-lowest-since-obamas-inauguration
The market jumped after figures showed unemployment claims were lower than expected.
The Dow Jones rose 0.6 per cent to 13,575, the S&P 500 rose 0.7 per cent to 1,461 and the NASDAQ Composite Index added 0.5 per cent to 3,149.
http://www.abc.net.au/news/2012-10-05/us-markets-rise-after-improved-jobs-data/4297138?section=business