09 March, 2012

CNN Breaking News

U.S. employers continued the stronger pace of hiring last month, but the overall job market is not out of the woods yet.

Employers added 227,000 jobs in February, the U.S. Labor Department reported Friday. Meanwhile, the unemployment rate remained at 8.3%.

Economists surveyed earlier by CNNMoney had predicted that 210,000 jobs would be added in the month.

In the last year, the economy has gained about 2 million jobs but still needs about 5.6 million more jobs to return to 2008 levels.

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