200K Jobs Added in December Help Unemployment Rate Fall

By Scott Sarvay
By Maureen Mespell

January 6, 2012 Updated Jan 6, 2012 at 9:19 PM EDT

UNDATED (Indiana’s NewsCenter) - The U.S. Labor Department says the unemployment rate fell in December to 8.5-percent, the lowest since February 2009.

There are still 5.6-million long-term unemployed workers says, Stephen Bronars, senior economist with Welch Consulting.

Frank Fantozzi, president of Planned Financial Services says that to have a positive impact on unemployment, the economy would need to add 200,000 jobs each month to really make a difference.

The good news is layoffs and new jobless claims have been trending down.

What are your thoughts CLICK HERE to leave us a "QUESTION OF THE DAY” comment.

© Copyright 2016, A Quincy Media broadcasting station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.