Some Good News for Job Creation in USA on January 2010

At last, some good news for the US economy, as the rate of unemployment in that country has decreased to some extend in January 2010. Thus, stats for January 2010 are out and it is nice to see that now the unemployment figure is under 10% and actually it is 9.7% in January. Only 20,000 people lost jobs and it is s welcome news because in January 2009, more than 779,000 people lost jobs in a single month. So, it shows that there is now some kind of stability as far as job is concerned but the problem is that new jobs are not coming back.

The US economy is out of the recession to a large extend but still job creation is a major problem.

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