Speed Reads

This just in

U.S. adds 151,000 jobs in January, unemployment rate falls

Following a December boom, job growth cooled in January, with the nation slightly disappointing expectations with the addition of only 151,000 jobs. The unemployment rate, however, dropped to 4.9 percent, the first time it has started with the numeral "4" since February 2008. The jobs report stands as a positive point during a tumultuous time for the U.S. economy and global markets; U.S. economic growth was just 0.7 percent in the fourth quarter.