Nonfarm payrolls

US / Nonfarm payrolls surged 236,000 jobs and jobless rate fell to 7.7 percent

U.S. employers stepped up hiring in February, pushing the unemployment rate to a four year-low and suggesting the economy has enough momentum to withstand the blow from higher taxes and deep government spending cuts. Nonfarm payrolls surged 236,000 jobs last month, the Labor Department said on Friday, handily beating economists’ expectations for a gain of … Continue reading →