U.S. jobless rate falls to 44-month low
October 5, 2012 in West Central Tribune
WASHINGTON The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years and giving President Barack Obama a potential boost with the election a month away.
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GOLDEN VALLEY, Minn. (AP) President Barack Obama said Friday the latest employment report shows that the economy is not creating jobs “as fast as we want,” but he pledged that the economy will improve. 
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