In response to:

Forward: Unemployment Jumps Up to 7.9 Percent

June56 Wrote: Feb 01, 2013 3:13 PM
So many headlines today reporting on more lay-offs to come and many businesses maybe not laying off but no plans on hiring anytime soon. Many Mom and Pop companies having to close their doors completely so again just more bad news.

The Bureau of Labor Statistics has released the latest unemployment numbers for January. The unemployment rate has jumped back up to 7.9 percent with just 157,000 jobs being added to the economy. The number of unemployed and under-employed persons still sits at an alarming number.

The number of unemployed persons, at 12.3 million, was little changed in January. The
unemployment rate was 7.9 percent and has been at or near that level since September 2012.

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was
about unchanged...

Related Tags: Unemployment GDP jobless rate