White House says Jan. jobs report encouraging

WASHINGTON, Feb 5 (BestGrowthStock) – The U.S. jobless report for
January contains encouraging signs of gradual “labor market
healing,” the White House said on Friday.

The Labor Department said the unemployment rate fell to a
five-month low of 9.7 percent in January, dropping below the
psychologically important 10 percent level for the first time
since September.

“Even as today’s numbers contain signs of the beginning of
recovery, they are also a reminder of how far we still have to
go to return the economy to robust health and full employment,”
said White House economic adviser Christina Romer.

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(Reporting by Ross Colvin)

White House says Jan. jobs report encouraging