The January unemployment rate dropped from 10% to 9.7%, yet 20,000 jobs were lost. What do the latest numbers say about where are we headed with this economy?
John Dimsdale reports.
A dismal unemployment picture
The economy lost 85,000 jobs in December and the unemployment rate held steady at 10%. But John Dimsdale reports a look behind the numbers shows things look even worse.
U.S. adds over 200,000 jobs in December
The Labor Department reported the U.S. economy added 200,00 jobs in December and the unemployment rate fell to its lowest level since 2009.
Hiring slows to a crawl
The job market hit a major roadblock last month, as hiring slowed to a crawl and the unemployment rate unexpectedly rose. The economy gained just 18,000 jobs in the month, the government...
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