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Recovery is gathering speed, jobs data confirm

THE JANUARY JOBS REPORT WAS A MEGA BEAT. 243K new jobs were created in January. That's well above the expectations of just 140K new jobs. And it's even more impressive, since so many people expected it was

By David Lauter If President Obama wins re-election in November, Friday's jobs report may be remembered as the turning point when he shifted from slight underdog to favorite. "Where are the jobs?" has been the question at the heart of the Republican

The U.S. economy is like a flywheel: It takes a lot to get it going. Once it starts moving, it can pick up speed pretty quickly. To see why, look no further than Friday's jobs report, which offered convincing evidence that the U.S..

By msnbc.com news services Stocks are set to rally Friday after the latest reading of the U.S..

It was the strongest job growth in nine months. The increase in hiring pushed the unemployment rate down to 8.3 percent, the lowest since February 2009. The surprising data gave financial markets a morning jolt that lasted throughout the trading day.

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