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UE Below 8%


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The U.S. unemployment rate is below 8 percent for the first time since the Great Recession. After revisions for August and July reports and a gain of 114,000 jobs, the new rate is 7.8 percent.

The report states many of the jobs added were part time. There are now 8.6 million people with a part time job looking for full time employment.

Republicans are howling that this rate is "cooked" while others are now suggesting the republican talking points that a president has not been elected with a rate above 8% is gone.
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