Unemployment at 8.1%

12.5 million people unemployed. 731k people have given up looking for work.

Nonfarm payrolls -651k.

Huge downward January payroll revisions: -655k versus prior indicated at -598k.

4.4 million jobs lost since December 2007.

Apparently a downward surprise of 0.2% in unemployment was terrific based on futures. Sphere: Related Content

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