U.S. Added 295,000 Jobs in February; Unemployment Rate at 5.5%
The Labor Department reported on Friday that employers added 295,000 workers to their payrolls in February and that unemployment fell to 5.5 percent.
Economists were generally positive about the state of the nation’s recovery from the recession, despite its relatively sluggish pace.
“While there are a lot of risks out there, it feels less risky than in the past 25 to 30 years,” Mark Zandi, chief economist for Moody’s Analytics, said before Friday’s release. “It feels really, really good out there.”
Analysts’ expectations had called for about 230,000 new jobs and for a slight decline in the unemployment rate.
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http://www.nytimes.com/2015/03/07/business/economy/jobs-report-unemployment-february.html?emc=edit_na_20150306
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