Tag: BLS

Employment Situation Report, February 2012

According to the Labor Department, the U.S. economy added 227,000 jobs in February, the third month in a row of job gains in excess of 200,000 positions. Unemployment remained at 8.3 percent, its lowest point since early 2009. Revisions to previous months showed that January added 41,000 more jobs than previously reported and December added 20,000 more.

Analysis of January 2012 Employment Report

In January, total employment in the United States grew in excess of 200,000 jobs for the second consecutive month. The Labor Department reports 243,000 positions were added in the month and revisions show 203,000 were added in December. The U.S. unemployment rate fell from 8.5 to 8.3 percent despite an influx of more than 500,000 workers into the civilian labor market.