The United States added 227,000 jobs in February, the latest display of the breadth and strength of the economic recovery. The country has put together the most impressive three months of job growth since before the Great Recession.
Nonfarm payroll employment rose by 120,000 in March, and the unemployment rate dropped to 8.2%, the United States Bureau of Labor Statistics reported today. Employment rose in manufacturing, food services, and health care, but was down in retail trade. The change in total nonfarm payroll employment for January was revised from +284,000 to +275,000, and the change for February was revised from +227,000 to +240,000 (together this adds just 4,000 more jobs brining the total added jobs with this report to 124,000.
WASHINGTON — A Federal Reserve survey says economic growth increased throughout the United States from April through mid-May, fueled by home construction, consumer spending and steady hiring.
Eleven of the Fed’s banking districts reported “modest to moderate” economic growth, according to the Beige Book survey released Wednesday. The 12th, in Dallas, reported strong growth.
Martin SantaBRUSSELS — The German and French economies grew faster than the United States in the second quarter, pulling the eurozone out of its longest recession.
Growth in the 17-country bloc was 0.3% from the previous quarter, with its two biggest economies both revealing unexpected strength, data from the European Union’s statistics office Eurostat showed on Wednesday. A Reuters poll had forecast 0.2%.
Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3%, the U.S. Bureau of Labor Statistics reported today. The change in total nonfarm payroll employment for December was revised from +203,000 to +223,000, and the change for January was revised from +243,000 to +284,000. Which brings the total new jobs for this report to 286,000 (227+20+39). This is very good news.
The United States added 227,000 jobs last month, the latest signal that the job market is slowly recovering. The unemployment rate remained at 8.3%, according to the Labor Department?s monthly report. Hiring came across all sectors and pay scales. The higher paying professional services industry added 82,000 jobs. Manufacturing added 31,000 jobs. This widespread hiring ...