US employers stepped up hiring in February, adding a greater-than-expected 236,000 workers to their payrolls and helping to push the jobless rate to a four year-low in a bright signal on the economy’s health.
The upbeat report, which showed broad-based job gains, was another sign of the economy’s fundamental health, and it added fuel to a rally in US stock markets that had already propelled the Dow Jones industrial average to record highs.
(READ the Reuters story in the Chicago Tribune)