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February 6, 2010

Unemployment Rate Unexpectedly Drops To 9.7% In January

Filed under: Economic News — admin @ 4:43 am

With employment in the construction industry showing a notable decrease, the Labor Department released a report on Friday showing an unexpected drop in total employment in the month of January. At the same time, the report also showed a surprise drop in the unemployment rate. The report showed that the unemployment rate fell to 9.7 percent in January from 10.0 percent in December.

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