PATHETIC – AT 8:52 A.M. ET:  From Fox: 

The U.S. economy added just 113,000 jobs in January, a small improvement over December’s disappointing report but not nearly enough to signal a much-needed rebound in the increasingly unpredictable U.S. labor market.

The headline unemployment rate was 6.6%, according to figures released by the U.S. Labor Department, down from 6.7% in the prior month.

The labor participation rate, a key gauge of the percentage of working-age Americans currently employed, was 63%, up from 62.8% in December.

Economists had forecast the addition of 185,000 jobs and that the unemployment rate would hold steady at 6.7%.

COMMENT:  This is awful.  We had hoped that last month's embarrassing jobs-creation number was an aberration, but apparently it was not.  We've noted here before that the United States must create 150,000 jobs a month just to keep up with population growth.  We're not even coming close to that.

Of course, we all know that this is Bush's fault.

February 7,  2014