Employers throttled back on layoffs in July, cutting just 247,000 jobs, the fewest in a year, and the unemployment rate dipped to 9.4 percent.
It was a better than expected showing that offered a strong signal that the recession is finally ending.
Jobless Rate Finally DipsCourtesy Digg - Business & Finance Sat, 08/08/2009 - 03:40
Employers throttled back on layoffs in July, cutting just 247,000 jobs, the fewest in a year, and the unemployment rate dipped to 9.4 percent. Related itemsUS jobless rate fell to 8.6 percent in November
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