January jobs report: U.S. economy added 113-thousand jobs

MGN Online
Friday, February 7, 2014 - 11:18am

The latest jobs numbers show hiring warmed up a bit in January. According to the government, the U.S. economy added 113-thousand jobs last month. That's an improvement from December, but it's lower than economists were expecting.

Meanwhile, the unemployment rate was six-point-six percent in January with 10 million Americans being counted as unemployed. Overall, the unemployment rate has improved substantially since it peaked at 10 percent in 2009.

However, much of the decline has come for a discouraging reason: Some Americans are dropping out of the labor force.

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