The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released the U.S. Employment Situation Report for February on Friday, March 9 showing national unemployment unchanged at 8.3% but a continued strong three month trend in job growth. Overall, 227,000 net jobs were created in February. In addition, both January and December’s job growth numbers were revised to 284,000 and 223,000 respectively.
Overall, since the beginning of December 2011, the U.S. has added 734,000 jobs. Although there are other factors that are of concerns such as the wage growth not keeping up with inflation, continued high numbers of unemployed people, fast rising fuel prices and continued economic problems in Europe, this latest report definitely improves the mood of most people and shows that U.S. employers are definitely hiring again.
Total non-farm payroll employment rose by 227,000 with private-sector employment adding 233,000 jobs in several categories including professional & business services, healthcare, leisure & hospitality, manufacturing and mining. The Report provides the following job growth/decline changes in thousands:
|Industry||Feb. 2011||Dec. 2011||Jan. 2012||February 2012|
|Transportation & Warehousing||25.1||5.1||16.1||10.6|
|Prof. & business services||49||72||76||82|
|Education & health services||29||33||37||71|
|Leisure & hospitality||57||28||46||44|