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March 8, 2013

Decent BLS.

March 8, 2013

Decent BLS.

Jobs

BLM Employment Situation Report (February 2013)

– Nonfarm Jobs +236,000.

– Previous revised from +157,000 to +119,000

– Average Earnings +0.2%

December jobs were revised upward 23,000.  January was revised downwards 38,000  indicating that the gain in jobs in February was really 236,000 + 23,000 – 38,000 or 221,000.

The Unemployment rate fell to 7.7%.