Unemployment rate hits 8.3 pct. after hiring burst


Unemployment rate hits 8.3 pct. after hiring burst

WASHINGTON (AP) — In the most impressive surge for the job market since the middle of last decade, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years. Hiring accelerated across the economy and up and down the pay scale. The high-salary professional services industry added 70,000 jobs, the most in 10 months. Manufacturing added 50,000, the most in a year.

Don't Miss a Story

Sign up for our newsletter to receive daily news directly in your inbox.