The nation's unemployment rate edged down to 8.5 percent — its lowest level in nearly three years — as 200,000 jobs were were added to payrolls, the Bureau of Labor Statistics just reported.
We'll add more details from the report shortly, so hit your "refresh" button to see our latest updates.
Update at 8:45 a.m. ET. Looking Back:
At 8.5 percent, the jobless rate is the lowest since February 2009's 8.3 percent.
Originally published on Fri January 6, 2012 5:57 am
The most-anticipated story of the morning seems to be the December jobs and unemployment report from the Bureau of Labor Statistics, which is due for release at 8:30 a.m. ET.
We'll post on the news as soon as possible after it's available.
Penn State University has chosen New England Patriots offensive coordinator Bill O'Brien to be its next head football coach and the man who will try to rebuild a program that was rocked last fall by a scandal that cost legendary coach Joe Paterno the job, ESPN reports. The sports network says an announcement is expected to be made Saturday.
There's been an explosion in central Damascus today and there are reports of multiple deaths and dozens of injuries.
As always in Syria, where the regime of President Bashar Assad tries to control the news, it's difficult to get an accurate sense of just what is going on. The regime is blaming its opponents, who have been protesting against Assad since last spring. Activists are questioning whether the attack was staged by supporters of the regime to make the opposition look bad.