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US unemployment falls to lowest in 4 years

Published: 03.08.13, 23:34 / Israel News

The US unemployment rate fell to its lowest level in four years, indicating Friday that employers are confident about the economy despite the fiscal austerity triggered by higher taxes and deep government spending cuts.

 

The rate dropped to 7.7% as employers added 236,000 jobs in February. The jobless rate is now at its lowest since President Barack Obama entered office. (AP)

 

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