[Excerpt: The gain of 262,000 jobs in February was stronger than the 
increase of 225,000 positions that economists were forecasting before 
the release of the employment report. Payroll growth in February was up 
from January's sluggish gain of 132,000, which was less than the 146,000 
increase initally reported.]

http://209.64.62.42/newsinbrief/brieflies.html#WORLD8:44:32

Employers add most jobs in four months
Posted: Friday, March 4, 8:55am EST
America's employers added a sizable 262,000 jobs in February - the most 
in four months. The new hiring, however, wasn't sufficiently brisk to 
accommodate a wave of job-seekers, and the overall unemployment rate 
rose to 5.4 percent.

The latest snapshot of the country's employment climate, released by the 
Labor Department on Friday, showed job gains across a range of 
industries - from manufacturing and construction to retail and business 
services.

The gain of 262,000 jobs in February was stronger than the increase of 
225,000 positions that economists were forecasting before the release of 
the employment report. Payroll growth in February was up from January's 
sluggish gain of 132,000, which was less than the 146,000 increase 
initally reported.

The rise in the overall civilian unemployment rate to 5.4 percent in 
February was up from 5.2 percent in January. The increase last month 
came in part as more jobseekers streamed back into the market.

The unemployment rate is calculated from a separate statistical survey 
than the payroll figures. Thus, they can offer somewhat different 
pictures of what is happening in the labor market.
enditem



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