CFAH

Last week initial jobless applications in the U.S. increased to 480,000 and those receiving extended benefits increased by about 242,000 (4%). Luckily the headline U.S. unemployment rate dropped to 9.7% in January.
Perhaps At Some Point The “Unexpected” Shouldn’t Be Quite So [SocketSite]
Unemployment Rate Unexpectedly Declines to 9.7% [Bloomberg]