Unemployment drops to 8.3 percent in January

Katherine Lymn

By Jill Jensen

January unemployment fell 0.2 percentage points to 8.3 percent, the lowest it’s been in three years.

Employment rose nationally by 243,000 jobs during the month, according to a White House press release.

In December, the unemployment rate was 8.5 percent. The annual unemployment rate for 2011 was 8.9 percent.

Manufacturing saw a job increase of 50,000, while healthcare added 31,000 jobs and leisure and hospitality sector 44,000. Food services and drinking increased by 33,000 jobs.