By Tracey Webb Follow @WebbWriterguru
Get your daily scoop of what State of the Union is watching today, January 10, 2014.
1. Dismal jobs report. The December employment picture fell far below expectations, with only 74,000 jobs created last month. Economists had expected the addition of nearly 200,000 jobs. Meanwhile the unemployment rate fell from 7.0 to 6.7%, but that drop was mainly due to people giving up looking for work. December posted the weakest job gains since January 2011.
By Becky Perlow
December jobs numbers are out today, and the economy added 74,000 new jobs last month.
That's bad news for President Obama, as economists and analysts were hoping for a more positive jobs report to reflect the recovering economy. According to CNN Money, it was the worst jobs report since January 2011.