OC
02-07-2003, 12:40 PM
http://money.cnn.com/2003/02/07/news/economy/unemployment/index.htm
NEW YORK (CNN/Money) - The U.S. unemployment rate dropped and employers added 143,000 jobs to payrolls -- the biggest number in more than two years -- the government said Friday, better news for the labor market than economists expected.
The Labor Department said 5.7 percent of the nation's labor force was unemployed in January, down from 6 percent in December. The job growth was the biggest since 199,000 in November 2000 and followed a revised loss of 156,000 jobs outside the farm sector in December.
Economists, on average, had expected 6 percent unemployment and 69,000 new jobs, according to Briefing.com.
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Let's hope this becomes a trend :)
-OC
NEW YORK (CNN/Money) - The U.S. unemployment rate dropped and employers added 143,000 jobs to payrolls -- the biggest number in more than two years -- the government said Friday, better news for the labor market than economists expected.
The Labor Department said 5.7 percent of the nation's labor force was unemployed in January, down from 6 percent in December. The job growth was the biggest since 199,000 in November 2000 and followed a revised loss of 156,000 jobs outside the farm sector in December.
Economists, on average, had expected 6 percent unemployment and 69,000 new jobs, according to Briefing.com.
***
Let's hope this becomes a trend :)
-OC