The drop in the U.S. unemployment rate, now at its lowest in three years, masks the fact that millions of unemployed people aren't counted because they've given up the search for work. The unemployment rate would be 9.9%, not 8.3%, if official statistics counted the 2.8 million people who stopped looking for jobs.
A surprising surge of new jobs in January sent U.S. unemployment down to 8.3%, from 8.5% in December.
It was the lowest rate since February 2009. Employers added 243,000 workers to nonfarm payrolls in January, the largest monthly gain since April.
January saw 243,000 jobs created -- 21,000 of them in the construction sector, according to data released by the Labor Department today. The unemployment rate is now at 8.3%, down from December's 8.5%. More than 64% of all industry saw job gains for the month.
British design company Cambridge Consultants has created a new tea brewing appliance that allows users to individually tailor their preferred brew. Tea Total users can select the type of tea, temperature and strength to craft each cup.
Electric food preparation appliances posted consistent sales performance during the 2011 holiday season on the British market, according to new data from Gfk. Kitchen machines overall posted gains, although some items such as mini choppers saw sales volumes decrease.