Unemployment rate holds steady in February

The U.S. unemployment rate was unchanged at 8.3 percent in February as employers added 227,000 jobs, according to The Washington Post.

Additionally, hiring in December 2011 and January was better than previously reported; revised figures show 61,000 additional jobs. The economy has generated an average of 245,000 jobs per month during the past three months.

Hiring was strong across high-paying and low-paying industries in February.

In February, the professional and business services sector added 82,000 jobs; health care sector added 61,000 jobs; leisure and hospitality sector added 44,000 jobs; manufacturing sector added 31,000 jobs; mining sector added 7,000 jobs; and construction sector, government sector and retail sector basically were unchanged.

There currently are 12.8 million unemployed people in the U.S.

Date : 3/9/2012


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