January Unemployment Drops to 9%

This year has just reached the month of February but the January unemployment drops to 9%.ADP reported this week the private-sector job growth of 187,000 for January. Official Friday numbers are expected to show overall gains of 140,000 jobs, though severe weather Could crimp that. Government layoffs will of accounts for Some of the difference, but Economists think the number will of private-sector lag behind ADP Also, at around 155.000. That Would leave the government's tally of private-sector job growth since November roughly one-third below the level of ADP's.On another occasion about the January Unemployment Drops to 9% "broad brush I think We Are still looking at more of the Same sort of slow advancement in pace of job creation That installments We have seen for months," said Jim Baird, chief investment strategist for Plante Moran Financial Advisors.

Handling the play-by-play on fresh data and the market reverberations are MarketBeat’s Matt Phillips and Dave Kansas, who are live-blogging from New York that January unemployment drops to 9%. Feel free to weigh-in yourself, via the comments section.

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