Economy | Business

Though Jobless Rate Stays Stuck, Job Growth Looks Much Stronger

NPR | Feb. 1, 2013 7:47 a.m.

Contributed By:

Mark Memmott

Job seekers came to the ThistleDown Racino and Horseshoe Casino in Warrensvile Hts., Ohio, last month.

Job seekers came to the ThistleDown Racino and Horseshoe Casino in Warrensvile Hts., Ohio, last month.

Chuck Crow, The Plain Dealer /Landov

The Bureau of Labor Statistics is due to tell us at 8:30 a.m. ET about the nation’s unemployment rate in January and how many jobs were hopefully added to public and private payrolls last month.

A month ago, BLS said there were 155,000 new jobs in December and that the unemployment rate that month was 7.8 percent. Heading into today’s reports, economists told Reuters they were expecting to hear that there were 160,000 added to payrolls in January and that the jobless rate stayed at 7.8 percent.

We’ll update this post with the January news after it’s released, and then sift through the data and reactions. [Copyright 2013 NPR]

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