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175,000 jobs added to the economy in February

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boards of FL

boards of FL

http://www.bls.gov/news.release/empsit.nr0.htm

http://mam.econoday.com/byshoweventfull.asp?fid=461116&cust=mam&year=2014&lid=0&prev=/byweek.asp#top

Markle

Markle

boards of FL wrote:http://www.bls.gov/news.release/empsit.nr0.htm

http://mam.econoday.com/byshoweventfull.asp?fid=461116&cust=mam&year=2014&lid=0&prev=/byweek.asp#top


The February jobs report was surprisingly strong, at least on the toplines, with 175,000 total jobs and 162,000 private-sector jobs added on a seasonally-adjusted basis, while unemployment ticked up by 0.1 percentage points to 6.7% as more people entered/re-entered the workforce than entered the larger civilian population. The revisions to the December and January jobs numbers were also positive, to the tune of a net 25,000 additional jobs added.

The workforce grew by 264,000 on a seasonally-adjusted basis, keeping the Labor Force Participation Rate at 63.0%, though a larger 63.0% than last month due to rounding. The number of employed grew by only 42,000, leaving the employment-population ratio at 58.8%, though a lower 58.8% than last month due to rounding.

Read more: http://hotair.com/archives/2014/03/07/february-jobs-report-175000-jobs-added-6-7-unemployment/

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