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Sturdy Job Gains Offer Bright Sign for US Economy

avatar By Jeanne Goddard

09 Mar 2013 39 views
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Sturdy Job Gains Offer Bright Sign for US Economy
US employers stepped up hiring in February, adding a greater-than-expected 236,000 workers to their payrolls and helping to push the jobless rate to a four year-low in a bright signal on the economy's health.

US employers stepped up hiring in February, adding a greater-than-expected 236,000 workers to their payrolls and helping to push the jobless rate to a four year-low in a bright signal on the economy's health.

The upbeat report, which showed broad-based job gains, was another sign of the economy's fundamental health, and it added fuel to a rally in US stock markets that had already propelled the Dow Jones industrial average to record highs.

(READ the Reuters story in the Chicago Tribune)

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