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September hires cut jobless rate to 7.8%

Drop is 1st below 8% in nearly 4 years

Posted: October 6, 2012 at 4:05 a.m.

The U.S. unemployment rate fell to 7.8 percent in September, dropping below 8 percent for the first time in nearly four years, the Labor Department said Friday.

U.S. unemployment rate falls to 7.8%, a 44-month low

The U.S. unemployment rate fell to 7.8 percent in September, dropping below 8 percent for the first time in nearly four years.
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