Unemployment Rate Falls To Lowest Level Since 2008; 236,000 Jobs Added In February | Roland Martin Reports

Unemployment Rate Falls To Lowest Level Since 2008; 236,000 Jobs Added In February

Source: Annalyn Kurtz / CNN Money

U.S. employers ramped up their hiring in February, helping the unemployment rate to fall to its lowest level since December 2008.

The U.S. economy added 236,000 jobs in February, according to a Labor Department report released Friday. That’s much stronger growth than in January, when employers hired a revised 119,000 workers.

Meanwhile, the unemployment rate dipped to 7.7%, as 12 million workers were counted as unemployed.

The unemployment rate fell partly because more people said they got jobs, but also because 130,000 people dropped out of the labor force.

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