February jobs report Archives

U.S. adds 236,000 jobs in February

by in Economy | Workforce

A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government spending cuts. The February jobs report issued Friday provided encouraging details: The unemployment rate is at its… Read More →