Cecilia Rouse On The Economy, New Jobs Report, Drop In Black Unemployment

An eye-popping 257,000 private-sector jobs were added in January. The unemployment rate went down to 8.3 percent, down from 8.5 percent in December. The unemployment rate for African-Americans dropped to 13.6 percent, a drop of over 2 percent from December. The big drop may have more to do with a new computation on total Black population than an actually large reduction.