News / Economy

    US Unemployment Drops to 5-Year Low

    In this Jan. 16, 2014 photo, Debbie Jurcak, an unemployed mother of three, waits for her turn to select groceries at a food pantry in Woodridge, Illinois.
    In this Jan. 16, 2014 photo, Debbie Jurcak, an unemployed mother of three, waits for her turn to select groceries at a food pantry in Woodridge, Illinois.
    VOA News
    Unemployment in the United States dropped slightly in January, falling one-tenth of a percent to 6.6 percent.  That is the lowest jobless rate since 2008.  

    Friday's report from the Labor Department also says there was a net gain of 113,000 jobs in the economy, which is well below the average monthly gain over the past year.  

    Employment grew in construction, and manufacturing, but fell in retail and government.

    The new data shows that 10.2 million Americans are still officially counted as unemployed.  The number of people who have been out of work for more than 27 weeks declined by more than 200,000, but that still leaves 3.6 million people stuck in long-term unemployment.

    The new jobs report comes one day after a failed attempt to revive a program that keeps unemployment benefits flowing to people who have been out of work for extended periods in the U.S. Senate.  

    Congress is also haggling over when and how to raise the limit on U. S. debt.

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    Comment Sorting
    Comments
         
    by: Anonymous
    February 10, 2014 1:13 AM
    There are plenty of jobs to shovel snow and get rid of ice on the streets. What happens after the polar vortex season?

    If the government can't bring back manufacturing, IT, and service jobs from multinational corporations, perhaps it should make its own.

    by: Ryan K from: Orlando, FL
    February 07, 2014 1:37 PM
    Way to go by giving a misrepresentation of the details within the actual jobs report and hinging your bet on the "down-tick" in unemployment. This was another TERRIBLE jobs report after an even worse one for December.

    by: American from: USA
    February 07, 2014 12:22 PM
    Unfortunately the unemployment rate doesn't accurately reflect the number of unemployed, under employed, and underpaid American workers. Using it to show the economy's improved so we can now jam another 20 million illegal aliens into the near failed private sector U.S. domestic labor market is a form of insanity.

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