Jobless Rate Ticks Up

    Veronica Floyd fills out a job application at a National Career Fairs job fair in Arlington, Virginia, U.S., on Wednesday, Jan. 30, 2013. The U.S. Labor Department is scheduled to release initial jobless claims data on Jan. 31. Photographer: Andrew Harrer/Bloomberg via Getty Images

    Job fair in Arlington, Va., on Jan. 30. (Andrew Harrer/Bloomberg, via Getty)

    And to end the bleak month of January: the jobless rate held steady, rising slightly to 7.9 percent, according to the Bureau of Labor Statistics on Friday. The economy added just 157,000 jobs in January, slightly less than had been estimated. The report comes just days after data Wednesday showed that the economy actually shrunk in the last quarter of 2012, leading some to wonder whether the country is on the road to another recession.

    Read it at Bureau of Labor Statistics