157kthe number of jobs added to the economy in January, according to the Bureau of Labor Statistics latest report. The unemployment rate (U-3, not U-6) jumped to 7.9 percent. The U-6 stayed steady at 14.4 percent. The U-3 rate needs to hit 6.5 percent before the Federal Reserve will consider raising interest rates. source
7 notes from really cool Tumblrs like ours: