Unemployment Rate Falls To 9.4%

Finally we get some good news on the job front:

The U.S. economy added 103,000 jobs in the final month of 2010 while the nation’s unemployment rate fell to 9.4%, the lowest level since May 2009, the Labor Department reported Friday.

Payrolls for November and October were also revised higher by 70,000 jobs, the government said. Read the full report.

What’s interesting there is that the job market was better in October and November than first anticipated. I’m sure a lot on the right will try to swing these numbers as being good for the GOP, but October was before the election. You can’t spin time, even though they do try.