NPR logo

January Unemployment Rate Falls

  • Download
  • <iframe src="https://www.npr.org/player/embed/984961/984962" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
January Unemployment Rate Falls

Business

January Unemployment Rate Falls

January Unemployment Rate Falls

  • Download
  • <iframe src="https://www.npr.org/player/embed/984961/984962" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The unemployment rate falls to 5.7 percent in January, a drop of 0.3 percent. The improvement is tied to hiring in the retail sector, but the surge was a bit misleading. Restaurants and other retailers hired fewer people than usual in December, and that threw January's numbers off. NPR's Jim Zarroli reports.