For the first time since President Obama took office, the unemployment rate is back at 7.8 percent, the Labor Department reported Friday. It's been above 8 percent for nearly four years. The number of new jobs added was in line with expectations — 114,000.
Related NPR Stories:
- Unemployment Rate Drops To 7.8 Percent; 114,000 Jobs Added To Payrolls
- Labor Secretary Says Talk Of Fudged Jobless Numbers Is Insulting
- One Jobs Report, Two Different Political Spins
Copyright NPR. View this article on npr.org.