Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Unemployment Dropped to 8.3 Percent in January Unemployment Dropped to 8.3 Percent in January

NEXT :
This ad will end in seconds
Close X

Not a member or subscriber? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation

 

Unemployment Dropped to 8.3 Percent in January

The U.S. economy picked up 243,000 jobs in January as the unemployment rate dropped to 8.3 percent, the Labor Department reported on Friday. The surprise decrease boosts President Obama's election-year narrative of slow, steady economic improvement during his term.

Economists surveyed by Bloomberg had expected payrolls to grow by 140,000 (compared with 200,000 in the previous month) and the unemployment rate to hold steady at 8.5 percent. The January unemployment rate was the lowest since February, 2009. The number of jobs added in November and December was revised up in Friday's report by a collective 60,000.

Read more on NationalJournal.com.

Don't Miss Today's Top Stories

Excellent!"

Rick, Executive Director for Policy

Concise coverage of everything I wish I had hours to read about."

Chuck, Graduate Student

The day's action in one quick read."

Stacy, Director of Communications

I find them informative and appreciate the daily news updates and enjoy the humor as well."

Richard, VP of Government Affairs

Chock full of usable information on today's issues. "

Michael, Executive Director

Sign up form for the newsletter
MORE NATIONAL JOURNAL
 
 
What should you expect from on Election Night?
See more ▲
 
Hide