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U.S. unemployment falls to 7.7%
By The Associated Press
This article was originally published March 8, 2013 at 8:00 a.m. Updated March 8, 2013 at 11:03 a.m.
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WASHINGTON — A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January.
The gains suggested that the economy can strengthen further despite higher taxes and government spending cuts.
The February jobs report issued Friday provided encouraging details: The unemployment rate is at its lowest level in four years. Job growth has averaged more than 200,000 a month since November. Wages rose. And the job gains were broad-based, led by the most construction hiring in six years.
Read tomorrow's Arkansas Democrat-Gazette for full details.
Comments on: U.S. unemployment falls to 7.7%
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freedomfighter says... March 8, 2013 at 9:56 p.m.
The gains suggested that the economy can strengthen further despite higher taxes and government spending cuts."
Really? Does anyone honestly believe this crap?
The gains suggest the #'s were pulled from, well, you know where...
real unemployment 20%, nuff said.
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RonalFos says... March 8, 2013 at 10:19 p.m.
Employment figures would be even better if Republicans weren't hell bent on reducing government spending right now. This is the first time in a generation that we reduced government spending during a recession. A lot of you out of work people can thank
Republicans for your lack of a job.
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NoCrossNoCrown says... March 9, 2013 at 12:47 a.m.
Our economy is still growing inspite of the GObP obstruction.....
They don't know how to lead
and won't get out of the way for others to lead....#RepubliCONS
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