Unemployment Falls to 8.5%; 200,000 New Jobs Created - US Business News - CNBC

Unemployment Falls to 8.5%; 200,000 New Jobs Created - US Business News - CNBC:

Published: Friday, 6 Jan 2012 | 9:41 AM ET By: Jeff Cox

CNBC.com Senior Writer

The U.S. unemployment rate unexpectedly fell to 8.5 percent last month as job creation was more robust than expected, providing continued signs that the nation's labor market is improving gradually.

Growth in manufacturing jobs helped offset loss in government positions, while wages edged higher and the length of the work week also lengthened a bit...


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