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US economy grows 313,000 jobs in February

from By Seth Sandronsky

The U.S. hiring boom continues. The national economy added 313,000 nonfarm payroll jobs in February versus 200,000 new hires in January, while the jobless rate remained at 4.1 percent for the fifth straight month, the Bureau of Labor Statistics reported. Job growth occurred in construction, finance, manufacturing, mining, professional and business services and retail trade. "The job market is red hot and threatens to overheat," said economist Mark Zandi. more

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