227,000 Non-Farm Jobs Added, Unemployment Unchanged at 8.3%

March 9, 2012 01:47 AM

This morning's employment report from the Department of Labor delivered a slightly better-than-expected non-farm payrolls gain with 227,000 jobs added in February. Investors expected the report to show around 210,000 non-farm payrolls added. The unemployment rate remained at 8.3%, unchanged from the previous month.

The Labor Department also revised its January payrolls higher to 284,000 a 41,000 increase from the initial figure.

Employment rose in professional and businesses services, health care and social assistance, leisure and hospitality, manufacturing, and mining.

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