Today’s Employment Situation Report indicated that in February, net non-farm payrolls increased notably adding 236,000 jobs overall with the private non-farm payrolls sub-component adding 246,000 jobs while the civilian unemployment rate declined to 7.7% over the same period.Net private sector jobs increased 0.22% since last month climbing 1.86% above the level seen a year ago but remained 2.13% below the peak level of employment seen in December 2007.
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