February 2015 Jobs Report
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From the Left
Rising Pace of Hiring Adds to Optimism, but Wages LagThe outlook for the economy became sunnier on Friday after the Labor Department reported that employers added 295,000 workers in February, far exceeding expectations, and also recorded a drop in the unemployment rate. The data, though, offered disappointing results for wage growth, which for months has barely budged.
From the Right
US added 295,000 jobs in February as unemployment rate dips to 5.5 percentThe Labor Department said Friday that the unemployment rate fell to 5.5 percent from 5.7 percent. But the decline in the rate occurred mainly because some people out of work stopped looking for jobs and were no longer counted as unemployed.
From the Center
U.S. Adds Jobs at Steady Clip, but Wage Growth Remains SoftU.S. employers added jobs at a solid pace in February and the unemployment rate ticked down, signs of a strengthening labor market that should keep the Federal Reserve on track to raise interest rates this year.
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