Friday, February 5, 2010

January a Good Month for Employment

Almost surprisingly, the U.S. economy may have added jobs for the second time in three months, in January. Payrolls apparently rose by 15,000 workers in January after having fallen by 85,000 in December. Some companies like Cisco Systems are planning to increase their staff as businesses update equipment and stimulus plans revive sales.

Manufacturing as well has been expanding, driving up the economy and its recovery, hopefully resulting in more factory jobs. It is expected that manufacturing payrolls will have dropped by 20,000 in January, which is the lowest its been since December 2007.

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