Government releases January jobs report

By Nikki Henderson |

Published 02/07 2014 12:13PM

Updated 02/07 2014 12:21PM

January's unemployment rate fell to a five year low of 6.6%. So why are many saying it's not good enough? Melissa Mollet reports.

Stocks climbed on Friday after the unemployment rate fell and the government said fewer jobs were created last month than had been expected.

The Dow Jones Industrial Average, which had its best day of the year on Thursday, was 59 points higher in early morning trading. The S&P 500 and the Nasdaq also rose.

The government reported the creation of 113,000 jobs in January -- lower than the expected 185,000.

The jobless rate fell to 6.6 percent, which was below an expectation of 6.7 percent.

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