Excerpt
JEFFREY BROWN (Newshour): The U.S. economy added more than 200,000 jobs last month, beating expectations and raising hopes that a stronger recovery might be under way.
Spurred by a surge in hiring in December, the nation ended 2011 with a jobs report that had the best numbers seen in some time, among them, the unemployment rate down to 8.5 percent, the lowest in nearly three years, and falling for the fourth consecutive month.
The economy has now added 100,000 jobs or more for each of the last six months. That hasn't happened since April 2006. And the drop in the jobless rate came from new hires, not discouraged workers giving up the job hunt.
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