More jobs, but no change in unemployment rate
Data released Friday morning by the Bureau of Labor statistics show the unemployment rate for February holding at 8.3%.
The Employment Situation Summary shows employers added 227,000 jobs in the month, slightly more than expected, according to analyst forecasts. It was also the third straight month that employers added more than 200,000 jobs.
The 8.3% unemployment rate was unchanged from January, but down from 8.9% in February 2011, and way down from 9.7% in February 2010.
Construction employment changed little in February, after two consecutive months of job gains. Over the month, employment fell by 14,000 in nonresidential specialty trade contractors.