Commentary

Center for American Progress Economist Michael Madowitz on the January 2016 Employment Figures from Bureau of Labor Statistics

Washington, D.C. —(ENEWSPF)–February 5, 2016.  Center for American Progress Economist Michael Madowitz released the following statement today on the January 2016 employment situation figures from the U.S. Bureau of Labor Statistics. The unemployment rate dropped to 4.9 percent in January, down from 5 percent in December 2015.

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The U.S. economy started 2016 strong, with 151,000 jobs added last month; January 2016 marks the 71st straight month of private-sector job growth for the U.S. economy. Although…

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