Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

In Surprise, Unemployment Falls to 8.3%

243K jobs were added in January: jobs report

By Evann Gastaldo,  Newser Staff

Posted Feb 3, 2012 7:44 AM CST | Updated Feb 3, 2012 7:55 AM CST

(Newser) – The unemployment rate had been expected to hold steady at 8.5%, with just 125,000 jobs added—instead, unemployment fell to 8.3% and 243,000 jobs were added last month, according to January's better-than-expected jobs report. The report has Wall Street Journal bloggers particularly effusive: "America's back, baby. America's back." Stock futures are also up on the news, the Journal notes.

That's the fifth consecutive month in which the unemployment rate has dropped, the AP reports. The number of jobs added is the highest in nine months, and the unemployment rate is the lowest in almost three years.

A 'now hiring' sign is seen in the window of a restaurant March 9, 2010 in New York City.
A 'now hiring' sign is seen in the window of a restaurant March 9, 2010 in New York City.   (Getty Images)
« Prev« Prev | Next »Next » Slideshow
4%
Hilarious
2%
Intriguing
1%
Depressing
88%
Brilliant
1%
Scary
4%
Annoying
To report an error on this story, notify our editors.
COMMENTS
Showing 3 of 125 comments
MisterPlinkett
Feb 4, 2012 9:51 PM CST
Temporary, unsustainable service jobs, government jobs (and despite what the idiot liberals think, government jobs to NOT add money to an economy), and cooked numbers.  that's all this is.  the economy is not getting better, it's getting worse. just another example of the government, and the mega banks that own it, trying to keep the sheeple calm before they're slaughtered.
JackNelsonSteward
Feb 4, 2012 12:53 PM CST
Now listen carefully ... from which side have you heard all the harping about these numbers and what they mean about Obams and his competence and his ability to handle the economy? Now ... listen from that same side to see if you don't hear something that sounds like, "Despite the Obama administration's failed policies, the economy is finally turning around on those TAX CUTS ... " See if any of the voices sound familiar.
Doctor-Zaius
Feb 4, 2012 11:36 AM CST
240,000 new jobs in January. Spin it any way you want Right Wingers this is good news and the number we need to hit to get out of the mess you caused. Why do you hate America?
Money • Politics • US

 
unemployment • US economy • jobless • unemployment rate • jobs

 
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne