Monday, February 6, 2012

US Employment Data: Economy Adds 257,000 Private-Sector Jobs in January

The U.S. employment scene continued to improve in January, according to the latest release from the Bureau of Labor Statistics. The economy added 243,000 payroll jobs in January, and 257,000 in the private sector. Federal and local governments shed jobs in the month, explaining the difference.

The unemployment rate dropped another 0.2 percentage points to 8.3 percent, equaling the rate during President Obama's first full month in office. The unemployment rate decreased despite an increase in the size of the labor force. U-16, the broad measure of employment stress that includes part-time workers who would prefer full-time jobs and marginally-attached workers, decreased slightly to 15.1 percent.

Follow this link to view or download a classroom-ready slideshow of the latest employment data.

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