Tomorrow, the Bureau of Labor Statistics will release the January unemployment report. Given yesterday's news that the U.S. economy contacted by 0.1 percent in the fourth quarter, what should Americans expect from tomorrow's release?
"The unemployment rate should hold steady in January. However, the poor GDP numbers for the fourth quarter of 2012 suggest that unless Congress acts to finally resolve the debt ceiling issue for the long-term and address sequestration, the momentum that the economy has gained over the last few months could be short-lived." – Aparna Mathur, AEI economist
Several AEI economists are available to comment on the jobs numbers both before and after their release. Please contact mediaservices@aei.org or 202.862.5829 for help reaching a scholar
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