Jobs report: Economy knocks down unemployment expectations big time

• 243,000 number of jobs added in January, according to the Bureau of Labor Statistics’ monthly report
• 8.3% the current unemployment rate, which is like, way lower than it’s been in a long time source

» Beating expectations handily: Many experts were expecting an increase in jobs, but not one this high. This is not to say we don’t have a long way to go, just that this is a very good number, especially for the time of year, when the assumption is that seasonal jobs are ending. Even better: The economy added 200,000 more jobs last year than first thought. Sounds to us like things are starting to look up. Read the full report here.

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