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US Unemployment Aid Applications Decline To 366K

US Unemployment Aid Applications Decline To 366K

Submitted by • February 8, 2013 www.wral.com

In January, employers added 157,000 jobs. And annual revisions included in the Labor Department's January employment report showed the economy created 600,000 more jobs in 2011 and 2012 than previously thought. Still, the unemployment rate ticked up to 7.9 percent in January from 7.8 percent in December. Economists expect unemployment will decline if hiring continues at last year's monthly pace of 180,000. The rate fell 0.7 percentage points in 2012.

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