How many jobs have been created under the Obama administration?
In January 2011, the Labor Department released its employment data for December, showing that the U.S. economy ended the year by adding 113,000 private sector jobs, knocking the unemployment rate down sharply from 9.8 percent to 9.4 percent — its lowest rate since July 2009.
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About Unemployment Rate
The unemployment rate is a key measure of economic health. The number is a statistic that shows what percentage of the population is unemployed at any given time, based on the number of people who are actively looking for a job.
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