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Drones over U.S. may pose security risks
WASHINGTON, Feb. 5 (UPI) -- The U.S. unemployment rate fell unexpectedly in January to 9.7 percent from 10 percent with some sectors adding jobs, the Department of Labor said Friday.
The department said construction, transportation and warehousing lost jobs, but retail and temporary jobs rose leaving non-farm employment "essentially unchanged," with a loss of only 20,000 jobs in the month.
Economists predicted the jobless rate would hold at 10 percent.
The Labor Department said the number of workers who cannot find jobs after 27 weeks of looking "continued to trend up" in the month, putting discouraged workers at 6.3 million, a gain of 5 million since December 2007 at the start of the recession.
During the month, construction lost 75,000 jobs, transportation and warehousing 19,000. Manufacturing added 11,000 positions, while jobs in the automotive industry swung higher, up by 23,000.
Retail businesses added 42,000 jobs in the month.
The average workweek rose by 0.1 hour to 33.9 hours. Hourly earnings in January rose by 0.2 percent or four cents per hour.
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TEGUCIGALPA, Honduras, Feb. 9 (UPI) --
Honduras is inching back toward economic recovery and sees more international tourism as a way out of the crisis triggered by its June 2010 coup.
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HILLSBORO, Ore., Feb. 9 (UPI) --
Solar panels generating a total of 1.3 megawatts of power are installed at a U.S. Navy facility and ready to begin their first full year of operation.
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With rental vacancy rates at their lowest levels in 10 years, a review of TransUnion's proprietary rental screening database found that rental prices remained about the same between the fourth quarters of 2010 and 2011....
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Government officials are on the verge of an agreement worth as much as $26 billion with five major banks, capping a yearlong push to settle federal and state probes of alleged foreclosure abuses by lenders.
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