157K jobs added
(NEWSER) – The unemployment rate ticked up from 7.8%to 7.9% in January, according to a jobs report the Wall Street Journal calls "disappointing." The economy added 157,000 jobs, slightly below expectations of 166,000. But here's some news that got a "Whoa, mama!" from theJournal: Numbers for November and December were revised significantly upward, with 247,000 jobs added in November (rather than the initially reported 161,000) and 196,000 in December (as opposed to 155,000 initially reported). That means the economy added, on average, 181,000 jobs per month in 2012, up from a previously reported 153,000.
Job seekers wait in line at Kennedy-King College to attend a job fair hosted by the city of Chicago. Thousands of people started to line up at 3AM for the job fair which did not begin until 9AM. When the doors opened the line was about a half-mile long. (Photo by Scott Olson/Getty Images)
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