Labor & Economic News Blog
Thursday, January 05, 2006
Unemployment Rate Falls to 4.9 Percent (AP)AP - Businesses boosted payrolls modestly in December, and the unemployment rate dropped to 4.9 percent — evidence, President Bush said, of the economy's resiliency in the face of last year's hurricanes and high energy costs. For all of 2005, employers added 2 million new jobs.
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