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September U.S. jobs up 114,000; jobless rate 7.8%

From marketwatch.com

The U.S. economy generated a lackluster 114,000 jobs in September, but the unemployment rate fell to 7.8% from 8.1%, the lowest level since January 2009, the government said Friday. Economists surveyed by MarketWatch expected a 110,000 increase in jobs, based on the Labor Department's survey of businesses. The unemployment rate, which is drawn from a separate survey of households, was forecast to tick up to 8.2% from 8.1%. Yet the jobless rate fell sharply after the biggest increase in employment as measured by the household survey since 1983. Some 873,000 people in the household survey said they found jobs. ... (full story)

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