US Jobless Rate Falls to 7.8 Pct., 44-Month Low
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The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. (Oct. 5)

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[VOICE-OVER][Notes:AP Video - Washington][Notes:Hamrick on Camera]HE NATION'S UNEMPLOYMENT RATE IS DOWN TO 7.8 PERCENT AS MORE AMERICANS FOUND WORK. THE CLOSELY WATCHED NUMBER BELOW 8 PERCENT FOR THE FIRST TIME IN NEARLY FOUR YEARS.[Notes:Va Job Fair, undated] THE LABOR DEPARTMENT SAYS EMPLOYERS ADDED 114-THOUSAND JOBS LAST MONTH. AND THERE WERE UPWARD REVISIONS IN THE PREVIOUS TWO MONTHS' PAYROLLS NUMBERS. [Notes:DC Cancer research]JOB GAINS WERE SEEN IN HEALTH CARE AND TRANSPORTATION, ACCORDING TO THE GOVERNMENT, AND LARGELY LITTLE CHANGED ELSEWHERE.[Notes:spain file] CHALLENGES REMAIN IN THE MONTHS AHEAD, PARTLY BECAUSE OF EUROPE'S SLOWDOWN CAUSED BY A DEBT CRISIS. AND LOOMING AT THE BEGINNING OF THE YEAR, THE SO-CALLED FISCAL CLIFF, THE COMBINATION OF TAX HIKES AND SPENDING CUTS. THAT'S UNLESS THE PRESIDENT AND CONGRESS CAN FIND AGREEMENT ON A SOLUTION.[Notes:Hamrick on Camera] FOR NOW THOUGH, SOME GOOD NEWS FOR PRESIDENT OBAMA, WITH ONE MORE JOBS REPORT ON TAP BETWEEN NOW AND ELECTION DAY. MARK HAMRICK, THE ASSOCIATED PRESS, WASHINGTON.(****END****) ANCHOR VOICE: -------------------------VIDEO PRODUCER: Pete---------------------------VIDEO SOURCE: AP-----------------------VIDEO APPROVAL: ----------------------------VIDEO RESTRICTIONS: None----------------------------------MARKET EMBARGO (S): None