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From Bloomberg.com:
U.S. Unemployment Falls to 8.5% as Jobs Gain - Bloomberg
The complete report can be found at: http://www.bls.gov/news.release/archives/empsit_01062012.pdf
This report is the latest evidence that the economy is gaining a little strength. Should these trends persist, they will have implications for the 2012 Presidential election, increasing prospects for the President's re-election.
U.S. employers added more workers to payrolls than forecast in December and the jobless rate declined to an almost three-year low, showing that the labor market gained momentum heading into 2012.
The 200,000 increase last month followed a revised 100,000 gain in November that was smaller than initially estimated, Labor Department figures showed in Washington. The median projection in a Bloomberg News survey called for a December gain of 155,000. The unemployment rate unexpectedly fell to 8.5 percent, the lowest since February 2009, while hours worked and earnings climbed.
U.S. Unemployment Falls to 8.5% as Jobs Gain - Bloomberg
The complete report can be found at: http://www.bls.gov/news.release/archives/empsit_01062012.pdf
This report is the latest evidence that the economy is gaining a little strength. Should these trends persist, they will have implications for the 2012 Presidential election, increasing prospects for the President's re-election.