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Friday, February 5, 2010

National unemployment rate dropped in January

In January, the national unemployment rate dropped to 9.7 percent from a rate of 10.0 percent in December. Employment was essentially unchanged over the month.

Since the start of the recession in December 2007, total employment in the U.S. has fallen by 8.4 million. Over the last 3 months, however, employment has shown little net change.

By industry, briefly: Job losses continued in construction, and in transportation and warehousing, while employment increased in temporary help services and retail trade.

The full press release is available on the Bureau of Labor Statistics' website (www.bls.gov).

1 comment:

vanessa said...

Even though unemployment went down in January, there's an interesting piece from Julian Alssid at the Workforce Strategy Center about how America’s workforce remains ill-prepared to compete with the world...

http://workforcedev.typepad.com/workforcedev/2010/02/unemployment-american-workforce.html