U.S. unemployment rate falls unexpectedly, but job losses continue

The U.S. unemployment rate unexpectedly dropped to 9.7% in January from 10% in the prior month, but employers eliminated an additional 20,000 net jobs over the month, the government said Friday in a report that shows the labor market has yet to turn the corner despite the return of growth to the economy. Full Story »

Posted by Derek Hawkins - via NewsRack (Recession)
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Subjects: U.S., Business
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Posted by: Posted by Derek Hawkins - Feb 5, 2010 - 7:58 AM PST
Reviewed by: Derek Hawkins (review)
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Edited by: Derek Hawkins - Feb 5, 2010 - 7:59 AM PST

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Derek Hawkins
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by Derek Hawkins - Feb. 5, 2010
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