Unemployment Rate Falls Again

Worth Clicking: Blasts from the past wound Romney

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February 03, 2012

Unemployment Rate Falls Again

The U.S. economy added 243,000 jobs in January -- the fastest growth since April, according to the Wall Street Journal.

The unemployment rate fell by two-tenths of a percentage point to 8.3%, the lowest it has been since February 2009. Economists had forecast a gain of 125,000 in payrolls and for the jobless rate to remain at 8.5%.

Steve Benen: "After years of jobs reports that were only considered encouraging when compared to where we've been, January's totals is objectively good news. Indeed, this is one of the best -- if not the very best -- jobs reports since the recession began four years ago."

Ezra Klein: "The bottom line is that this isn't just a good jobs report. It's a recovery jobs report. It's showing the sort of numbers that win elections."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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February 03, 2012