Latest US jobs report shows progress : Fed's Plosser

11 Oct, 2012

 

The jobless rate fell sharply to 7.8 percent last month, from 8.1 percent in August, as the economy added 114,000 new non-farm jobs. The jobless rate had been above 8 percent for three-and-a-half years.

 

Copyright Reuters, 2012

Read Comments