Jobless Rate Falls from 9.5 to 9.4%

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August 7, 2009

From CNN:

13 Black Female Artists Who Taught Women To Own Their Sexual Desires

All About Nene Leakes Long-Awaited Return

What We Know About Usher, Justin Bieber’s Confrontation at Beyonce’s Oscar Party

Video will return here when scrolled back into view

Ayo Edebiri, ‘OPUS’ Cast on Staying Sane in Hollywood and the Film’s Ambiguous Ending

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Ayo Edebiri, ‘OPUS’ Cast on Staying Sane in Hollywood and the Film’s Ambiguous Ending

NEW YORK (CNNMoney.com) — Employers cut far fewer jobs from payrolls in July, according to a report from the government Friday, and the unemployment rate fell for the first time in more than a year.

The Labor Department reported a net loss of 247,000 jobs in July, the fewest job losses since August 2008. Economists surveyed by Briefing.com had forecast a loss of 325,000.

The unemployment rate fell to 9.4% from 9.5% in June, the first decline in that closely watched reading since April of 2008. Economists had expected unemployment to rise to 9.6%.

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