Unemployment rate falls to 7.5%

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The U.S. economy added 165,000 jobs last month, more than the 148,000 gain expected by economists, the Wall Street Journal reports.

The unemployment rate fell to 7.5%, the lowest rate unemployment rate since December 2008.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.