October 2012 Current Events: Business News

Updated August 5, 2020 | Infoplease Staff

U.S. News | World News | Disasters & Science News

Here are the key events in business and science news for the month of October 2012.

• U.S. Unemployment Rate Drops to Lowest Point Since 2009 (Oct. 5): The U.S. unemployment rate falls to 7.8 percent in September. That makes September 2012 the lowest month for unemployment in 44 months. It is a positive sign for a struggling economy. It may also give Obama a boost in the upcoming election. There are now 12.1 million unemployed Americans. That is the fewest number of unemployed since January 2009.