As a report on unemployment in US, US is still required Six million jobs after adding 227000 jobs last month. Data shows that America is still down six million jobs. Private sector has added 227,000 jobs in February. This is a good sign for industry and beyond the expectation of economist.
The unemployment rate remained unchanged at 8.3% from last month. Labor Department reported that the economy added 227,000 jobs last month. December and January were also shoed same good sign for job market
476,000 people joined the labor force last month as a Government data showed
“It is a testament to the hard work and entrepreneurship of the American people that they are creating any jobs in the midst of the onslaught of anti-business policies coming from this administration,” House Speaker John A. Boehner (R-Ohio) said Friday.
“To the extent there is a debate, it’s whether the economy is recovering or recovering strongly,” said Justin Wolfers, visiting professor of economics at Princeton University.
“Overall, another very strong payroll report, and there’s every chance that March will bring more of the same,” said Paul Ashworth, chief U.S. economist for Capital Economics.
The demand for workers has increased to a significant degree, but the employers who want the additional workers are not yet confident in the sustainability of the recovery,” said Patrick O’Keefe, director of economic research at J.H. Cohn.