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Forward: Unemployment Jumps Up to 7.9 Percent

Radley2 Wrote: Feb 01, 2013 8:49 AM
Recovery summer is coming... It will be here in 2017 when we have somone sitting in the chair who has a clue about how the economy works.

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