Relevant:
- Payrolls plunge 598K, unemployment at 7.6%
- Job losses beat estimates
- Payrolls sink 651,000, jobless rate soars to 8.1%
- Payrolls Plunge By 95K, Unemployment Rate 9.6%, Private Jobs Up 64K, U-6 Shoots Up To 17.1% From 16.7%
- Duelling Indicators? Euro-Area Unemployment Falls to Lowest Level Since Early 2012; While Global PMIs Languish
2010-02-05 — bloomberg.com
"The unemployment rate in the U.S. unexpectedly declined in January to 9.7 percent, the lowest level since August, while payrolls dropped as companies boosted worker hours and overtime instead of taking on new hires."
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