christine romans is here to tell us why. >> it is a milestone for the unemployment rate, no question. the lowest since february 2008. the dark, dark days of the financial crisis, in the months to come after that. let me show you numbers. 151,000 net new jobs added. slowing job growth from the great pace of late last year, but 151,000 net new jobs, jobless rate belew 4.9% approaching full employment when you see numbers in the 4% range. another good sign in the report, wage growth. 2.5%. people had more hours, bosses giving them more hours and more pay in january. look at the trajectory of the unemployment rate. down, down, down, 4.9%. how far it's come since the worst days of the financial crisis. look at job growth over the past year. you see from the chart how things slowed from a very brisk end of last year. slowing job creation. economists saying that's okay. reaching a point where you're getting full capacity in the labor market if you get waging continuing to rise you'll start to get people coming out of the sidelines and actually more people coming into the labor market. where
