U.S. Jobless Rate Down to 4.7 Percent in January
Posted on: Saturday, 4 February 2006, 09:00 CST
U.S. jobless rate down to 4.7 percent in January
WASHINGTON, Feb. 3 (Xinhua) -- The unemployment rate in the United States declined to 4.7 percent January, the lowest level since July 2001, the Labor Department reported on Friday.
The report showed that U.S. employers added payrolls by 193,000 in the month, the biggest increase since last November. But the increase still fell short of the 250,000 new jobs that some economists had expected.
The U.S. unemployment rate dropped from 4.9 percent in December.
U.S. job gains in January were fairly broad based, with employment growing in construction, manufacturing, professional and business services and education and health care. Those employment gains blunted job losses in retailing and government.
The U.S. jobless rate had hit 6.4 percent in the mid 2003 and has been declining steadily in the past two and an half years.
Source: Xinhua News Agency - CEIS
Related Articles
- FedEx Express to Increase Net Average Shipping Rates 4.9 Percent in 2008
- FedEx Ground to Increase 2007 Rates 4.9 Percent
- Postage Rates to Increase Average of 5.4 Percent in January
- New Boss May Find Fed Right on Money; Board Could Pause on Rates After January
- FedEx to Hike Rates 3.5% in January
- FedEx Express to Increase Net Average Shipping Rate 3.5 Percent in 2006
- Cox Communications to Raise Rates 5 Percent
- Settlement Would Boost Alliant's Rates 4.5 Percent
- Comcast to Raise Its Portland, Ore.-Area Cable Rates in January
 |
 |
User Comments (0)
RSS Feeds