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Archived News Release--Caution:
information may be out of date.
For more information call: (202) 219-8211
February is a month short on days but it was long on jobs. 339,000 new
jobs were created led by the construction industry which put 109,000 workers on
the payroll thanks to mild weather. Unemployment was 5.3% in February marking
more than a year of unemployment at 5.5% or below.
Unemployment statistics indicate the economy continues on a strong and
steady course. The Federal government continues to pare down, construction is
booming, and wages show no sign of accelerating inflation.
February marks the 30th consecutive month with unemployment below 6%
indicating the great American job machine chugs along in any kind of
weather.
Archived News Release--Caution:
information may be out of date.
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