Economy Sheds 20,000 Jobs; Rate Drops to 9.7 Percent - CNBC

U.S. employers unexpectedly cut 20,000 in January, but the unemployment rate surprisingly fell to a five-month low of 9.7 percent, according to a government report on Friday that hinted at some labor market improvement starting to take root.

via Economy Sheds 20,000 Jobs; Rate Drops to 9.7 Percent - CNBC.

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