Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!
 

Posted on February 3, 2012 | tags

 
 

Biz: Jobs report: Economy knocks down unemployment expectations big time

  • 243,000 number of jobs added in January, according to the Bureau of Labor Statistics’ monthly report
  • 8.3% the current unemployment rate, which is like, way lower than it’s been in a long time source
  • » Beating expectations handily: Many experts were expecting an increase in jobs, but not one this high. This is not to say we don’t have a long way to go, just that this is a very good number, especially for the time of year, when the assumption is that seasonal jobs are ending. Even better: The economy added 200,000 more jobs last year than first thought. Sounds to us like things are starting to look up. Read the full report here.
 
More in Biz (10 of 1767 articles)