Surprise dip in US jobless rate | Bangkok Post: business

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Surprise dip in US jobless rate

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  • Online news: News
  • Writer: AFP and Bloomberg
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The US jobless rate sank to 7.8% in September, surprising many who expected it to remain flat at 8.1%, the Labor Department said on Friday. 

The unemployment figure was the lowest since President Barack Obama took office in January 2009.

Analysts said the fall in the unemployment rate would provide the incumbent with a chance to talk about an improving economy and refocus his campaign after his poor debate performance this week against Republican Mitt Romney.

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