Jobless Rate Falls to 9.7%, but Unemployment Stagnates, Few Jobs Created

by Benjamin Domenech on 9:07 am February 5, 2010

20K fewer jobs: “As the broader economy gains steam and crucial sectors like manufacturing spring back to life, analysts say the recovery appears to be intact. But the nation’s stubbornly high unemployment rate remains a persistent thorn in the side of optimists, and economists expect the situation to worsen before it gets better.”