Employment growth rebounded in February, according to last week's employment situation report (PDF) from the Bureau of Labor Statistics, proving economists wrong—people can actually work in the cold and snow. The U.S. economy added 175,000 new jobs in February, and revised figures show job growth averaging just 129,000 jobs per month over the past three months.
Job growth is trending in the right direction, although still short of what is needed to return the U.S. labor market to full employment or drive real wage gains in the near future. The unemployment rate overall crept up one notch to 6.7 percent as more people returned to the labor force, but the number of people employed relative to the overall population remained unchanged.
Showing posts with label new jobs. Show all posts
Showing posts with label new jobs. Show all posts
Monday, March 10, 2014
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