Originally published on Fri October 5, 2012 8:27 am
The nation's unemployment rate fell to 7.8 percent in September from 8.1 percent in August even though just 114,000 jobs were added to private and public payrolls, the Bureau of Labor Statistics reports.
Those hard-to-reconcile figures — a decline in the jobless rate even though job growth was relatively weak — appear to be at least partly explained by a sharp increase in the number of Americans who found part-time jobs and counted themselves as employed.
Good morning. I'm Renee Montagne. The emirate of Dubai has created many wonders - a snowy ski hill in the desert, the world's tallest building. Its latest mega-project could be called a labor of love. The luxury hotel Taj Arabia will be a replica of the Taj Mahal, only four times the size. The 17th original in India was built by an emperor as a shrine to his beloved late wife. Dubai is pitching its faux Taj Mahal as a destination for weddings. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
President Obama's campaign acknowledges that GOP challenger Mitt Romney had the stronger performance in this week's debate. One of Obama's closest advisers acknowledges the president will "have to adjust" his approach to future debates.
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For the first time since the start of 2009, the nation's unemployment rate is below 8 percent. Today, the Bureau of Labor Statistics put the number at 7.8 percent in September.
MONTAGNE: Employers added 114,000 new jobs overall. The government also revised the job estimates for July and August, reporting that more jobs were created than previously known, and putting a different cast on the entire summer.
It's official: Sean Connery IS James Bond, according to NPR readers who weighed the question this week. The final results show that Connery set the gold standard as 007, the spy known for his playfulness, his ruthlessness — and his ability to look good in a suit. Today marks the Bond film franchise's 50th anniversary.