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Unemployment rate drops to 3-year low

Posted by RJ and Makay on Feb 03, 2012

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The nation’s unemployment rate fell to a 3-year low, to 8.3% in January, as non-farm payrolls added 243,000 jobs, the U.S. Labor Department reported today. The monthly job increase was the most since April of last year. The numbers exceeded expectations and were a strong indication that the recovery is spreading to the labor markets.