Tuesday, February 15, 2011

National Unemployment Dips to 9%

The Department of Labor reported that the January unemployment rate nationwide fell to 9% from 9.4% after adding only 36,000 jobs. Larger numbers were anticipated, but poor weather throughout the month held back employer hiring. The gain in December had been 121,000 jobs.

The January increases were found primarily in the manufacturing and retail industries.

Part time employment and the numbers who were unemployed dropped in January. The numbers of people who were unemployed decreased by about 600,000 during the month. The number of part timers fell from 8.9 to 8.4 million.