Less crippled than economists predicted by the nasty weather that gripped much of the nation last month, the U.S.Department of Labor reports that the economy improved hiring in February, adding 175,000 new jobs.
That was 25,000 more jobs than the average of analyst estimates.
In this touch-and-go economic recovery, gains higher than expected are good news, but the numbers over the last three months are anemic compared to last year’s average 190,000 new monthly jobs.
February 2013, which was unencumbered by bitter weather, saw 280,000 new jobs. Read more…