The government: The government on Friday is expected to report that, yes indeed, job creation picked up in February, according to Market Watch. Economists polled by Market Watch forecast a 195,000 increase in new jobs, up from 151,000 in January. There only one way to erase any doubt about whether the U.S. economy has gotten stuck in another rut: Show a rebound in hiring in February. The unemployment rate is likely to remain at 4.9%. That might be enough to ease concerns temporarily, but not eliminate them entirely. The U.S. is facing a bevy of headwinds. After all, the economy created an average of 274,000 jobs a month in the fourth quarter.
(news.financializer.com). As
reported in the news.
Tagged under The government, topics.