US Economy Added 157,000 Jobs In January

By IBTimes Staff Writer: Subscribe to IBTimes's | February 1, 2013 1:50 PM GMT

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The U.S. economy added 157,000 jobs in January, the U.S. Labor Department announced Friday.

It's a gain that's indicative of economic expansion, but one that's still too small to lower the nation's high unemployment rate, which rose to 7.9 percent in Janaury.

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There was one unqualified bright spot in the January report: job gains from November and December were revised substaintially higher: November to 247,000 from 161,000; December to 196,000 from 155,000.

Details to follow.

This article is copyrighted by International Business Times, the business news leader
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