Yes, the government had added more than 200,000 jobs each month since January. Yes, the unemployment rate has fallen to 8.3 percent from 9 percent in the past five months. However, according to Federal Reserve Chairman Ben Bernanke, the United States economy has been growing rather sluggish with the job gains and drop in the unemployment rate.
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Tag Archives: Employment Rate
Capital Markets Update – Jobs Report Reveal Loss of 20,000
by Jenny Zhang on February 5, 2010 in Market Update
The highly anticipated monthly jobs report was released today. January saw job losses of 20,000 and did not turn positive as expected.
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