January’s jobs report is welcome news for the president.
The unemployment rate dropped 0.2 percentage points to 8.3 percent; 243,000 new nonfarm jobs were created in the past month.
More important than the numbers is the trend: It’s the seventh-straight month of job growth over 100,000, as well as a marked increase from December when the economy added 200,000 jobs. It’s also the fifth straight month in which the unemployment rate dropped, and the lowest rate in nearly three years.
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Mitch McConnell Gabrielle Giffords Nancy Pelosi Barney Frank John A. Boehner
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