Friday, March 9, 2012

U.S. Economy Adds More Than 200,000 Jobs In February

It's not hitting home runs or anything, but the job market is starting to put together a hitting streak of solid singles and doubles.
The economy clocked in a third straight month of decent job growth in February, keeping unemployment steady, the government said Friday.
It was not exactly the spectacular report many on Wall Street were drooling for. And there is still a long way to go to close the gap in what has been the slowest job-market recovery since World War II.
You will not hear loud cheering from the 12.8 million people still unemployed today, up from less than 7 million before the recession began in 2007. Payrolls are still down by 5 million jobs from their peak.

Read more: Huffington Post


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