Congress Analyzes New Jobless Numbers

02.05.10 | FL News Team

(Washington, DC)  --  Democratic lawmakers are cautiously optimistic after analyzing the latest jobs report.  The nation's unemployment rate fell to nine-point-seven percent last month.  That's a drop of three-tenths of one percent from the previous month.  During a hearing of the Joint Congressional Economic Committee, New York Democratic Congresswoman Carolyn Maloney said, "what a difference a year makes."  Maryland Democratic Congressman Elijah Cummings said the U.S. "will get through the storm."

No Republican lawmakers attended the hearing.

Many lawmakers departed the nation's capital before the arrival of a big snowstorm.  According to the U.S. Bureau of Labor Statistics, employment fell in construction, transportation and warehousing in January.  Jobs were added in the retail and temporary help sectors.  Labor Statistics Commissioner Keith Hall said consumer spending is still sluggish.  He stressed that stronger consumer spending could fuel a more vibrant recovery.