US jobless rate falls to 7.7% as jobs surge
- Published: 8 Mar 2013 at 20.49
- Online news: World
The February US jobs report delivered an encouraging surprise Friday, with the unemployment rate slipping to a four-year low and jobs growth picking up in the world's largest economy.
A homeless person rests on a bench near an apartment building in downtown Washington, DC, on February 21, 2013. The US jobs market showed greater improvement than expected in February, with the unemployment rate falling and solid job growth, official data released Friday showed.
The jobless rate fell to 7.7 percent, from 7.9 percent in January, and the US gained a net 236,000 jobs, the Labor Department said.
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