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                   US Economy Added 175,000 Jobs in February

   U.S. employers added 175,000 jobs in February, picking up the pace of
   hiring after two months of sluggish job growth.
   The U.S. Labor Department reported Friday that the unemployment rate
   edged slightly higher to 6.7 percent, leaving 10.5 million workers
   unemployed. More than a third of them have been out of work for six
   months or longer.
   The U.S. jobless rate had been steadily declining over the last
   four-plus years as the world`s largest economy recovers from its worst
   downturn since the Great Depression of the 1930s.
   Economists have noted that some of the improvement in the unemployment
   rate occurred because thousands of frustrated job seekers have been
   unable to find work and dropped out of the labor market, and thus are
   not counted by the government as unemployed.
   Even as U.S. stock market indexes have soared to new highs, many
   American businesses have been reluctant to significantly boost their
   payrolls. Employers added only 129,000 jobs in January and 84,000 in
   December, after averaging 189,000 over the past year.
   Economists said the bigger payroll boost in February appears to signal
   that the U.S. economy could be set to advance in the months to come.
   The slight increase in the jobless rate could be a sign that more
   jobless workers are again attempting to look for work.
   Economists have been trying to assess whether the weaker hiring in
   December and January were a signal the U.S. economy was slowing again,
   or whether an unusually cold and snowy winter in the U.S. had
   contributed to the tepid job creation.
   The country`s central bank, the Federal Reserve, is watching the U.S.
   economic trends to see whether it should continue to trim its direct
   support of the American economy. Last year, the Fed had been buying $85
   billion worth of securities a month in an effort aimed at keeping
   long-term interest rates low and boosting job growth, but now has cut
   the figure to $65 billion.
   Fed policy makers, including new chair Janet Yellen, are meeting again
   later this month.
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References

   1. http://www.voanews.com/content/us-economy-added-175000-jobs-in-february/1866332.html