Democrats reacted favorably this morning to fresh data that show the U.S. economy added 103,000 jobs in December even though that increase was worse than the 150,000-plus new jobs experts were expecting.
The uptick was accompanied by a significant drop in the nation’s unemployment rate, which slid from 9.8 percent to 9.4 percent.
“Today’s jobs numbers are proof that our work to bring the economy back from the brink is beginning to pay off,” Senate Majority Leader Harry Reid, D-Nev., said in a statement. “The unemployment rate fell by nearly half a percent, more than 100,000 people have gone back to work and we added double the number of manufacturing jobs expected. But we know more work remains to be done.”
Full Story: The Note: Will Obama Sink Or Swim In 2012?: Jobs Report Holds Clues – The Note