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The U.S. Jobs Report Is Actually Very Good

The economy continues to rebound better than expected, what with Dow Jones mean streak of record setting highs this week. And today, very good news from the job market: employers added about 236,000 jobs in February, and unemployment tumbled to 7.7%. All this in spite of looming federal spending cuts and a recent payroll tax hike. Some economists say this is owing to the recent rebound of the housing market, which is adding a wide variety of jobs from a broad spectrum of different fields ...

1 Comment

Ben Reese

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Ben Reese commented…

This is great news, but it's somewhat complicated by the revised numbers for January (which went down) and a roughly 30 year workforce participation low.

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