U.S. unemployment rate hits 5.1%, lowest in 7 years

September 5, 2015 3:33 AM

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New York (CNN) — Talk about a toss up. The state of U.S. jobs is pretty healthy. But the latest jobs report presented a mixed bag of news.

First the good: the U.S. unemployment rate fell to 5.1%, down by nearly half since the peak (10%) during the Great Recession.

Also read: Fed’s Kaplan Expects 3 Rate Rises This Year, but Says More May Be Needed

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