Unemployment Rate Hits 8.3 Percent After Hiring Burst
Flathead Beacon Headlines
February 03, 2012 6:02 AM
WASHINGTON – Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years.
The result pointed to a resurgent job market, and it sent stock futures surging. The Dow Jones industrial average futures, which were flat before the report, jumped 95 points.
