Month: February 2012

Analysis of January 2012 Employment Report

In January, total employment in the United States grew in excess of 200,000 jobs for the second consecutive month. The Labor Department reports 243,000 positions were added in the month and revisions show 203,000 were added in December. The U.S. unemployment rate fell from 8.5 to 8.3 percent despite an influx of more than 500,000 workers into the civilian labor market.