ARTICLE
20 February 2014

Unemployment Rate Falls To Lowest Rate Since October 2008

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The unemployment rate dropped to 6.6% in January 2014, which is the lowest rate since October of 2008 and reflects a pattern of decreasing unemployment since the high of 10% in October of 2009.
United States Employment and HR
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The unemployment rate dropped to 6.6% in January 2014, which is the lowest rate since October of 2008 and reflects a pattern of decreasing unemployment since the high of 10% in October of 2009. Despite other indicators that suggest the job market is recovering slowly—such as weaker than expected job growth in December and January—the declining unemployment rate is a positive sign that the labor market is rebounding.

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