Mar 9, 2012

News Alert: U.S. Economy Added 227,000 Jobs in February; Unemployment Rate Stays 8.3%

Breaking News Alert
The New York Times
Friday, March 9, 2012 -- 8:37 AM EST
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U.S. Economy Added 227,000 Jobs in February; Unemployment Rate Stays 8.3%

In another sign of a strengthening recovery, the United States added 227,000 net jobs in February, the third straight month of gains over 200,000, the Labor Department reported Friday. The unemployment rate remained 8.3 percent.
Revisions also showed stronger gains in December and January than previously reported.

The job growth numbers could help President Obama's case to voters that his economic policies are working.

The report followed a flurry of positive economic reports about the American economy, including a continued rise in consumer confidence, business plans to hire more workers this year and growing strength in the manufacturing sector.


Read More:
http://www.nytimes.com/2012/03/10/business/economy/us-added-227000-jobs-last-month-rate-at-8-3.html?emc=na

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