U.S. unemployment drops despite job losses

8.4 million jobs have been lost since December 2007
|hrreporter.com|Last Updated: 11/09/2010

The United States shed 20,000 jobs in January but the unemployment rate still dropped to 9.7 per cent, according to the Labor Department.

A survey of households found the number of employed Americans rose by 541,000, while the job losses were calculated from a separate survey of employers.