The Labor Department released it unemployment figures for the month of January yesterday, and there was some definite improvement. About 243,000 new jobs were created, and unlike most months in 2011, that showed a real (although small) improvement. Too often last year, the number of jobs created did not top the number of new entrants to the labor force (about 150,000 a month), but January's number did. That's means the drop in unemployment from 8.5%
to about 8.3% was a real drop (rather than a numbers game).
This is good news for Democrats, since a falling unemployment rate means the chances for President Obama being re-elected is improved -- and it would be vastly improved if the rate could drop below 8% in the coming months.
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