While the unemployment rate has slowly been ticking downward across the country and in the Sunshine State, the number of new jobs being added to the economy continues to dwindle.
The number of people asking for unemployment benefits last week dropped to the lowest level since March 2008, according to the Labor Department.
President Barack Obama and Congressional Democrats got good news from the unemployment report Friday morning. According to the Labor Department, the unemployment rate in January dropped to 8.3 percent. That’s the lowest rate in roughly three years.
New numbers from the Labor Department could help spur more job growth in South Florida and across the nation. The nation’s unemployment rate fell to a two-year low of 8.8 percent in March.