Small Business Reading Room


Tuesday, February 07, 2012

Good news about the US job market

Below is a summary of the Bureau of Labor Statistics jobs report for January, which was released last Friday February 3rd :

  • U.S. payrolls increased by 243,000 in January

  • The private sector added 257,000 jobs during the month, while government lost 14,000 jobs

  • The unemployment rate fell from 8.5 percent to 8.3 percent

  • The unemployment rate for college-degreed workers 25 and older is 4.2 percent

  • January’s job gains marked the highest in 9 months

  • The last time the unemployment rate fell for 5 straight months was in 1994


  • For more detailed information, check out the full report here:
    Economic News Release- Employment Situation Summary



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