Friday, July 2, 2010

Breaking news: Jobless rate drops to 9.5% in June

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***USATODAY.com Breaking News***

WASHINGTON (AP) -- The unemployment rate fell to 9.5 percent, its lowest level in almost a year.


However, the Labor Department says employers cut 125,000 jobs last month, the most since last October. The loss was driven by the end of 225,000 temporary census jobs. Businesses added 83,000 workers to their payrolls, an improvement from May.

For more on this story, go to http://www.usatoday.com.


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