In January 2010, the national unemployment rate was 9.0 percent, having dropped 0.4 percentage point from December's revised rate of 9.4 percent. A year ago, in January 2010, the national unemployment rate was 9.7 percent.
Total employment declined 1,655,000 from December to January. While the drop was quite large, it was fairly similar to seasonal expectations; U.S. employment normally declines about 1,691,000 during this time of year as businesses let go of temporary holiday season staff. Thus employment in January was about 36,000 higher than seasonal expectations.
To read about the employment changes by industry, please see the "Establishment Survey Data" section of this month's national press release (www.bls.gov/news.release/empsit.nr0.htm).
Notes:
Unemployment rates are seasonally adjusted.
Employment is nonfarm payroll employment
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