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  • US jobless rate falls to 7.8 pct., 44-month low add to reading list  

    Posted on October 5, 2012 at 7:37 AM

    Updated Monday, Oct 15 at 7:07 PM

    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.

    By Christopher S. Rugaber, AP Economics Writer

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