Total nonfarm payroll employment increased by 236,000 in February, and theAlso, government payrolls fell by 10,000, so the private sector job growth was that much higher.
unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor
Statistics reported today. Employment increased in professional and business
services, construction, and health care.
In February, the average workweek for all employees on private nonfarm payrolls
edged up by 0.1 hour to 34.5 hours. The manufacturing workweek rose by 0.2
hour to 40.9 hours, and factory overtime edged up by 0.1 hour to 3.4 hours.
The average workweek for production and nonsupervisory employees on private
nonfarm payrolls increased by 0.2 hour to 33.8 hours.
Average hourly earnings for all employees on private nonfarm payrolls rose
by 4 cents to $23.82. Over the year, average hourly earnings have risen by 2.1
percent. In February, average hourly earnings of private-sector production
and nonsupervisory employees increased by 5 cents to $20.04.
Let's just hope the sequester doesn't throw too much of a monkey wrench here.
I saw this on one comment board:
Good news for President Romney!For much more, from a real expert, see Meteor Blades' front page post.
PS-Please check out my new book Obama's America: A Transformative Vision of Our National Identity, published by Potomac Books, where I discuss Barack Obama's ideas on racial, ethnic, and national identity in detail, and contrast his inclusive vision to language coming from Mitt Romney, Rush Limbaugh and (some) others on the right. You can read a review by DailyKos's own Greg Dworkin here.