Galt's Gulch

Employers add 175,000 jobs in February, unemployment rate rises to 6.7 percent

Posted by mminnick 12 years, 4 months ago to Economics
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"The unemployment rate rose to 6.7 percent from a five-year low 6.6 percent. More Americans started looking for work but didn't find jobs. That's still an encouraging sign because more job hunters suggest that people were more optimistic about their prospects. The unemployment rate rose to 6.7 percent from a five-year low 6.6 percent. More Americans started looking for work but didn't find jobs. That's still an encouraging sign because more job hunters suggest that people were more optimistic about their prospects.
SOURCE URL: http://www.foxnews.com/politics/2014/03/07/employers-add-175000-jobs-in-february-unemployment-rate-rises-to-67-percent/

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  • Posted by $ Abaco 12 years, 4 months ago
    Monetary policy has been aggressive stimulus while fiscal has been like a cancer on the economy. I speak about this on occasion. Most get it once it's explained.

    Now, we're doing the same thing over and over in DC and expecting a different, better outcome. Um...no.
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  • Posted by SolitudeIsBliss 12 years, 4 months ago
    Same thing I told my husband. They were expecting 148,000 jobs, 179,00 were created yet the unemployment increased to 6.7. All the #s are BS including the stock markets like DOW and NASDAQ. The reality is that the economy is stagnant. The producers have quit (or are on strike) and the looters are doing a fine job of taking advantage of all the free programs govt has to offer. At some point the money will run out and America will be in for one hell of a Financial Shock !!!!
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