Unemployment At 7.9%

The U.S. economy added 157,000 jobs in January but the unemployment rate raised slightly to 7.9 percent, according to data released Friday by the Labor Department.

The U.S. economy added 157,000 jobs in January but the unemployment rate rose slightly to 7.9 percent, according to data released Friday by the Labor Department.

The new numbers also showed that more jobs were added to the economy in December and November than previously believed. The November revision says that the U.S. added 247,000 jobs, up from the 161,000 first reported and the U.S. added 196,000 in December, up from 155,000.

In a statement, the White House argued that the results show the need for Congressional action.

“It is critical that we pursue the policies needed to build an economy that works for the middle class as we continue to dig our way out of the deep hole that was caused by the severe recession that began in December 2007,” the statement reads.

 

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TRNS Washington Desk
News updates from on and around Capitol Hill.
  • Guest

    braw -ha -ha, as reported from the 5th branch of the Gov’t.

  • Guest

    Creating more minimum wage jobs that are useless today and yet where are any of them? 

  • Guest

    Please, journalist, grammar !  The unemployment rate ROSE, no one raised it !
    The intransitive verb is called for.

TRNS News Notes- 7/19/14

Scotland votes NO
Congress approves Syrian rebels’ aid
Use of force next, Congress?
Clapper: We underestimated ISIS
Hagel: “We recognize this is difficult”
ISIS video uses British hostage as spox

Dempsey Praises French Airstrikes Against Islamic State

France is the first nation, who has committed to assisting the U.S. led battle against the Islamic State, to conduct direct military strikes

Scotland Chooses To Stay In UK

Scots vote “No” to independence with 55% of the vote.

Click here for: Friday, September 19

● Court validates Deepwater probe

● Probing the NFL’s tax and antitrust exemptions

● Household income varies among states

● Pro-Form ab GLIDER headed to dustbins

● Workforce tenure unchanged in 2014

● Violent and property crime rates declined in 2013

LISTEN: The Day Ahead – September 19, 2014

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Catalonia mulls its own independence referendum, John Kerry chairs a meeting of the UN Security Council and Sierra Leone begins a three day Ebola lockdown.

Kerry: “We Have The Authority, Without Any Question” To Fight ISIS Without Congress

Secretary of State John Kerry also told Congress that Syrian President Bashar al-Assad has been “playing Footsie” with ISIS terrorists.