The Bureau of Labor Statistics (BLS) released its January 2015 report this morning, and on the surface the situation looks good for the Obama administration: 257,000 jobs were added in January, wages improved, and the number of full-time workers increased. The unemployment rate did go up by 0.1 percentage point, to 5.7 percent, but analysts agree this is the result of more Americans looking for jobs, not a slowing economy.
Tagged: long-term unemployment
The Bureau of Labor Statistics (BLS) released its January 2015 report on Friday, and the Obama administration is sure to be happy with its findings. According to the report, the U.S. economy added 257,000 jobs, and the unemployment rate moved up slightly to 5.7 percent. The number of full-time workers also increased, along with a slight improvement in wages.