Secret Site Map
Monday, October 20, 2014

Home News January Unemployment Rate Drops to 9.7 Percent

January Unemployment Rate Drops to 9.7 Percent

The jobless rate unexpectedly fell to 9.7 percent from 10 percent.

| February 5, 2010

WASHINGTON  - The outlook for jobs became a bit less bleak with January's unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent as more people said they had jobs.

Still, Friday's unemployment report showed just how deep the job crisis remains. The government now estimates 8.4 million jobs vanished in the Great Recession, and economists think the nation would be lucky to get back 1.5 million of them this year. And they say it will take at least three to four years for the job market to return to anything like normal.

The unemployment rate fell to its lowest level since August, primarily because a Labor Department survey of households found a sharp increase in the number of Americans with jobs. Analysts expected an increase to 10.1 percent.

A separate survey of businesses found that employers shed 20,000 jobs last month.

January's report offers hope that employers may start adding jobs soon. Excluding the beleaguered construction industry, the private sector as a whole added 63,000 positions.

Top news

Extreme Spider Infestation Forces Missouri Family to Relocate

A family was driven from their suburban St. Louis home by thousands of venomous spiders that fell from the ceiling and oozed from the walls.

Landscaper Killed by Bee Swarm

One person is dead and several others are recovering from bee stings after a huge swarm of about 300,000 bees attacked landscapers working outside a home in Douglas (Ariz.), TucsonNewsNow.com reports.

UC Survey Asks PMPs What Are Their Biggest Bed Bug Concerns

University of California urban entomologists have launched an electronic survey to gather information from PMPs about what they are doing to manage bed bugs, and to determine what kind of bed bug research is needed.

AMVAC Introduces Nuvan Directed Spray Aerosol

Featuring the active ingredient dichlorvos (DDVP) the product can be used to control bed bugs, cockroaches, fleas and 21 other structural pests.

WCBB Raising Funds to Help Injured Industry Professional

Trade group Wildlife Control Business Builders (WCBB) is raising funds to help ECO Wildlife Solutions' Susan Sims, who suffered serious injuries as a result of a ladder fall.

x