Well, it's kind of good news...NEW YORK (CNNMoney.com) -- The U.S. economy lost 20,000 jobs in January, but the unemployment rate fell to 9.7%, according to a government report released Friday.
The Labor Department said the economy continued to shed jobs, even as economists surveyed by Briefing.com had expected a net gain of 15,000 jobs in December.
The unemployment rate fell to 9.7% in January, much lower than economists' forecasts of 10%. It is the lowest rate since August.
Head nod: Mr.Furious