"After a chilly month for job growth in December, hiring warmed up a bit in January. But not by much."
By Annalyn Kurtz February 7, 2014 - Read Article
What are the take-a-ways from this article?
- Lowest unemployment rate reported in 5 years - 6.6%. (Peak was 10% in 2009)
- 63% of Americans over the age of 16 participated in the labor market in January. This hovers near the lowest level since 1978.
- 3.6 million Americans have been unemployed for 6 months or more.
- The US economy lost 8.7 million jobs during the recession and as of January, 7.8 million jobs have come back.