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Unemployment stays at 8.3%
Friday, March 9, 2012    
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The economy added 227,000 new jobs while the unemployment rate held flat at 8.3 percent.

(NEWSER) – The unemployment rate held steady at 8.3% in February as had been expected, today's jobs report shows.

And good news: The economy added 227,000 jobs last month, when only 213,000 had been expected, the Wall Street Journal reports, noting that stock futures were up after the announcement. December and January jobs figures were also revised upward.

The result? An average of 245,000 jobs have been added for each of the past three months, which is double the pace the US saw between May and November.

H/T Newser.com
 
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