Jamesb101.com

commentary on Politics and a little bit of everything else

US Jobless rate falls to 9% ……

Great news that must be balanced against a few things…….


The numbers may still include holiday hires….

The gas prices keep rising…..

And the problem with the states which are actually laying workers off…..


But this IS good news indeed……

The U.S. jobless rate unexpectedly fell in January to the lowest level since April 2009, while payrolls rose less than forecast, depressed by winter storms.

Unemployment declined to 9 percent last month from 9.4 percent in December, the Labor Department said today inWashington. Employers added 36,000 workers, the smallest gain in four months, after a 121,000 rise in December that was larger than initially reported. Payrolls were projected to climb 146,000, according to the median forecast in a Bloomberg News survey……

More….

This post is from Politicicaldog101.com….

 

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February 4, 2011 - Posted by | Blogs, Breaking News, Government, Media, Politics, The Economy, Updates | ,

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