The new job numbers exceeded expectations yet again, with the economy adding 233,000 private sector jobs in February. The numbers for January were also revised up to 284,000 jobs.
From MarketWatch:
Economists surveyed by MarketWatch had forecast the U.S. would add 213,000 jobs last month, with the jobless rate holding steady at 8.3%. Subtracting another decline in government jobs, the private sector boosted payrolls by 233,000. Average hourly earnings rose by 3 cents, or 0.1%, to $23.31 and hours worked was flat at 34.5. Job gains for January were revised up to 284,000 from 243,000 – the biggest monthly increase since the recession ended – and December’s employment gains were revised up to 223,000 from 203,000. The past three months of full-time job growth is the fastest since early 2006.
In case you were wondering, this is why the GOP has restarted the culture wars. They no longer have the economy to run on.