Comment on U.S. adds 236K jobs, unemployment falls to 7.7 pct.

U.S. adds 236K jobs, unemployment falls to 7.7 pct.

A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government spending cuts.   The February jobs report issued Friday provided encouraging details: The unemployment rate is at its lowest level in four years.

 

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