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January unemployment drops as jobs rise nationwide
The Labor Department reported January civilian unemployment fell to 6.9 percent, with 565,000 nonfarm jobs created and nearly 109 million Americans employed. The combined civilian military rate was projected at 6.7 percent for 1986, while stock markets fell after a court blocked part of Gramm-Rudman-Hollings. The number of discouraged workers declined to 1.1 million, and unadjusted unemployment rose to 7.3 percent.
MENTIONED IN THIS ARTICLE
Washington
Ronald Reagan
Labor Department
Bureau of Labor Statistics
Armed Services
BLS
White House
Larry Speakes
Sinai
Federal Reserve Board
Lacy
John Albertine
American Business Conference
Gordon Richards
National Association of Manufacturers
Richards
Deborah Klein
Janet Norwood