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National unemployment rate falls to 8.3 pct. after hiring surge

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By CHRISTOPHER S. RUGABER
AP Economics Reporter

WASHINGTON (AP) -- The unemployment rate fell for the fifth straight month after a surge of January hiring, a promising shift in the nation's outlook for job growth.

The Labor Department says employers added 243,000 jobs in January, the most in nine months. The unemployment rate dropped to 8.3 percent from 8.5 percent in December. That's the lowest in nearly three years.

Employers have added an average of 201,000 jobs per month in the past three months. That's 50,000 more jobs per month than the economy averaged in each month last year.

The January jobs report was filled with other encouraging data and revisions. Hiring was widespread across many high-paying industries. Pay increased. And the economy added 200,000 more jobs in 2011 than first thought.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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They factored a HUGE "seasonal adjustment."

There were over two million fewer people working, but that was dismissed by a whopper of a seasonal adjustment. It may be the largest ever.

Gee, who does the Secretary of Labor work for....?

If So Where Are The Jobs

I am a college graduate, disabled veteran whom has been unable to find a job since this summer. Where are they, who is hiring? Maybe because I am in my 50's age discrimination might be in place. This I know, jobs in Wilmington are scarce and maturity and experience plays no important factor. Go to any grocery store in Wilmington, look whom is employed. Young kids in their early 20's or younger. I must have applied online to 100 jobs locally in grocery stores in Wilmington never to even get a interview. Harris Teeter, Food Lion and Lowes do not seek nor do they hire senior citizens! Evidence is just a visit. These stores tell you to apply online but evidently no one reads the resumes or applications. Out of 100's of positions locally I have applied for with these companies and not even one interview. Tell me age discrimination is not a factor!

thank you for your response,

thank you for your response, which represents many of our difficult and frustrating positions. your sacrifice, service and eloquence are greatly appreciated. FORTITUDINE VINCINMUS!!!

To SurfSideDoof

Maybe that's because the article was about the NATIONAL unemployment rate, which makes your comment off-topic. Again.

Off Target

I don't think so. North Carolina is lagging behind and If we were selling NC to growth and expansion and if we had a Senate leader that was pro development our national unemployment level might be further improved. Our President has just recently voiced the need of a return to manufacturing. Can you think of a state in more need of this direction. Our problem is we only hear of economic development from one source, Bev Perdue and her administration!!! Everyone else in Raleigh has their head in the sand or up something else!!

Great News

for the nation. We should contact Senator Phil Berger for his take on North Carolinas poor performance. Maybe he could tells us how unimportant education is. Maybe he could explain his negative position on Economic Develpoment.Maybe he might have some solutions to how we might redevelop hundreds of plant sites sitting empty all across our state. Maybe he could just resign.

Education really isn't a

Education really isn't a factor in the unemployment rate. My husband lost his job in June due to state budget cuts. His JD isn't getting him any kind of job.

To the "Doom & Gloomers"

You just CAN'T give ANY props to this President, can you?!? You'd certainly be breaking out the horns & confetti if it was anyone but this President, and you know it!

I think this is FANTASTIC news, and I've every belief we've turned the corner and things will pick up - maybe slowly - but pick up from here on out. My hat's off to President Obama, good work!

re: doom and gloomers

Hold your horses there. While you may be willing to give high fives to these numbers, I am very sceptical. I have just lost my job that I have had for years. The company I worked for is laying off those who have full time benefits and pensions in order to save money. In return, they are HIRING part-workers to replace them. So for every full time person they have laid off, they can hire two to three part time people. Almost all companies are doing this. So while it looks good on paper, I don't know anyone who can make ends meet on 25 hours or less a week. Some of my former co-workers told me they have only been scheduled to work 5-15 hours. This makes it appear that lots of new jobs have been added, and they have, but not any that can sustain a family. While I can see why you are anxious to high-five President Obama, I challenge you to get real about the condition of jobs in this country. Families are sinking in this ecomomy. Until people are willing to get their political blinders off and stop waving their political banner, this country is not going to recover. Both Democrats and Republicans are to blame for the condition of our country. It's time to stop partisan politics and get serious about fixing the problems.

I thought those new Republicans in Raleigh were fixing this?

So far it seems all they have done is meddle in people's personal lives and give breaks to their rich patrons.

The current group of

The current group of Republicans have been in Raleigh one year. If Obama's problems are still Bush's fault after three years, you certainly can't hold Raliegh's Republicans responsible after one. And you definitely can't hold them responsible when the governor vetoes the good things the Republicans try to do.

True Rate

This set of Republicans in Raleigh have not been there long enough to fix the mess left by Easley and Perdue as far as our state is concerned. You don't snap your fingers and poof, all is well. It will take years to turn this ship around. Nationally? At least a decade, if We start now.

True Rate

So that means the True Unemployment Rate is still where? The 13-15% area. This accounts for the people who have given up looking for a job or have been out of work for a couple of years. What sector is doing all of this hiring? Manufacturing? Construction? Service Industries? We live in a part of the country that has usually been immune from most other areas and I just don't see it or hear it.

Number Manipulation

The number and data manipulators are kicking into high gear now that it is election season.According to the U.S Treasury,the U.S national debt will reach $20 trillion by 2015,more than 100% of the nation's GDP,therefore very few people will be lucky to have a job once the financial armageddon settles upon us.So hold off purchasing the party horns and confetti.

Let's Understand

this is the national number.

State and local numbers are not that good.

HEY JETHRO

We knew that, how long it took you to catch on ?

WOW...........

How long it take you to figure that out ?

Dumb

I know you think you are smarter than everybody else, but we know what national means.

Maybe

you do. But read the other posts. They apparently do not. Why not direct your wit, or lack thereof, at them.

No Wit Tom.......

Life is hard. Its even harder if you're stupid.

Life's as hard

as you make it.

Sadly, too many posters prove the old adage, "it's better to remain silent and appear stupid, then to speak and remove all doubt".

The frightening aspect is that too many believe what they post. Were they to actually think a moment, and remove their pent up frustrated emotions, they would see the error of their ways.

Their actions force those of us who do think to fear for the fate of the future.

You must be...

a lonely, short little fat man with too much time on his hands,sitting around waiting on entitlement checks. Drink up - the future isn't that bad.

Another witless poster

and your name must be appropriate.

Sorry to disappoint you, there are no entitlement checks.

Rather three companies which provide a lifestyle for me and my family and those who work for me.

Life is pretty darn good in my neighborhood. Of course a strong work ethic and results driven accountability must contribute to my success.

Better luck next time weasel. You can go back down into your burrow.