Employers in the U.S. boosted payrolls more than forecast in February, capping the best six- month streak of job growth since 2006 and sending stocks higher.
The 227,000 increase followed a revised 284,000 gain in January that was bigger than first estimated, Labor Department figures showed today in Washington. The median projection of economists in a Bloomberg News survey called for a 210,000 rise. The jobless rate held at 8.3 percent, even as 476,000 more workers sought employment.
Unemployment Rate:
8.3% in Feb 2012
Change in Unemployment Level:
+48,000 in Feb 2012
Change in Employment Level:
+428,000 in Feb 2012
Change in Civilian Labor Force Level:
+476,000 in Feb 2012
Civilian Labor Force Participation Rate:
63.9% in Feb 2012
Employment-Population Ratio:
58.6% in Feb 2012
ANNUAL AVERAGES
Unemployment Rate:
8.9% for 2011
Unemployment Level:
13,747,000 for 2011
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