September unemployment report

Jobless Rate Falls Below 8 Percent; Some Older Workers Saw Gains

Posted on 10/5/2012 by |Money and Work | Comments

Bulletin Today | WorkA sharp and unexpected drop in the unemployment rate — to 7.8 percent in September, the first time it’s been below 8 percent in nearly four years — helped some groups of older job-seekers but not others. Workers ages 45 to 54 fared particularly well: The rate for men fell in September to 6.1 percent from 6.5 in August. For women, the rate slipped to 6 percent last month from 6.3 percent the previous month. But the jobs situation was …