Huckleberries Online

Posts tagged: Labor Department

Dow Soars To Highest Level Since ‘08

Posted by DFO

Feb. 3, 2012 1:42 p.m. • 21 comments

The Dow Jones industrial average has closed at its highest level since before the 2008 financial crisis. The Dow jumped 157 points Friday to close at 12,862. That’s the highest since May 2008. The Nasdaq composite index closed at its highest level since December 2000. Before the market opened, the Labor Department said companies hired 243,000 employees in January. That’s the strongest job growth in nine months. The increase in hiring pushed the unemployment rate down to 8.3 percent/AP. More here.

Also: Hiring surges in January, jobless rate at 8.3%/AP

Question: Are you optimistic that we're finally turning the corner to happy times again?

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D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Huckleberries Online was judged the best 2008 Idaho newspaper blog by the Idaho Press Club. And the best 2007 news blog in the Pacific Northwest by the Society for Professional Journalist. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.