Mixed Jobs Report Shows US Added Just 151K Jobs, But Rate Falls Below 5%
The U.S. economy created fewer jobs than expected in January – just 151,000, well below the 190,000 economists were expecting. But it was enough to bring down the nation’s unemployment rate to 4.9 percent, the lowest level in nearly eight years. So why are U.S. stock prices falling? Analysts say it depends on how you read the tea leaves. Mil Arcega has more.