Showing posts with label February. Show all posts
Showing posts with label February. Show all posts

Friday, March 4, 2016

US Economy Creates 242,000 jobs in February

BoeingThe US economy added 242,000 jobs in February, figures show, far better than the 190,000 expected by economists.
The Labor Department numbers underlined the strength of the US economy and may allow the Federal Reserve to gradually raise interest rates this year.
 
The figure for February was also much higher than the 151,000 jobs added in January.
The unemployment rate was unchanged from January at 4.9% - an eight-year low.
Another 30,000 jobs were also added to the revised December and January figures.

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