National unemployment rate drops

Friday, August 5, 2011 - 2:59pm

NATIONAL (FOX44) - Washington is giving Wall Street a reason to be a bit more optimistic about the U.S. economy.
The nation added 117-thousand jobs last month dropping the nation's unemployment rate a point.

It now sits at nine point one percent, still bad, but better than expected.
The better job numbers announced the day after the DOW dropped 500 points, enough to wipe out this year's gains.


Comments News Comments

Post new Comment