us jobless rate falls to 9.0%

From Bloomberg;

"The U.S. jobless rate unexpectedly fell in January to the lowest level since April 2009!

Payrolls in construction and transportation, industries most affected by bad weather, dropped in January, while factory employment rose the most since August 1998!

Federal Reserve Chairman Ben S. Bernanke is among policy makers still concerned the pickup in growth is failing to revive the labor market quickly, one reason why the Fed said it will continue a plan to add another $600 billion into the economy.

Private hiring, which excludes government agencies, rose 50,000 in January. Factory payrolls increased by 49,000 in January, exceeding the survey forecast of a 10,000 gain."

WC8