US Employers Add 175K Jobs Despite Harsh Weather - KTVN Channel 2 - Reno Tahoe News Weather, Video -

US Employers Add 175K Jobs Despite Harsh Weather

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WASHINGTON (AP) -- U.S. hiring improved in February from the previous two months despite a blast of wintry weather, likely renewing hopes that growth will accelerate this year.
 
The Labor Department says employers added 175,000 jobs last month, up from just 129,000 in January, which was revised up from 113,000.
 
The unemployment rate rose to 6.7 percent from a five-year low 6.6 percent. More Americans started looking for work but didn't find jobs. That's still an encouraging sign because more job hunters suggest that people were more optimistic about their prospects.
 
The figures were a welcome surprise after recent economic reports showed that harsh weather closed factories, lowered auto sales, and caused existing-home sales to plummet.

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Senate Majority Leader Harry Reid comments on Friday's report:

"Our economy continues to improve with last month marking 48 consecutive months of private-sector job growth. While this is welcome news, unfortunately far too many continue to look for a job, especially in my home state. To help Americans looking for work, we should provide the lifeline of unemployment insurance to those who have lost their job through no fault of their own. We are one Republican vote away.

Republicans should join Democrats to help those struggling to make ends meet and make job creating investments in areas like infrastructure and education. This is simple common-sense, and I hope my Republican colleagues will agree."

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