Jobless Rate Drops to 7.8% in September

The unemployment rate declined from 8.1% in August to 7.8% in September, with 114,000 jobs added last month, according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS). There has been positive private-sector job growth for more than two and a half years. AFL-CIO President Richard Trumka says this morning’s jobs report: confirms that the economy is finally beginning to...