- U.S. job gains likely to allay anxiety after a dismal 2 months, By Nelson D. Schwartz, March 7, 2014, New York Times: “The American economy stirred to life last month, creating more jobs than in the previous two winter months and raising hopes that momentum in the labor market would gradually pick up as the cold weather in many parts of the country eases with the arrival of spring. The report from the Labor Department for February, which came on Friday after job figures for December and January that were much weaker than the underlying trend, eased fear that the economy was downshifting to a slower pace. The data led some experts to conclude that weather, not a fundamental slowdown, was a major factor behind the recent shortfalls…”
- Hiring surprisingly stronger in February, By Annalyn Kurtz, March 7, 2014, CNNMoney: “The job market picked up more than expected in February, led by strong hiring in professional and business services. The U.S. economy added 175,000 jobs last month, marking an improvement from January and topping economists’ expectations. Meanwhile, the unemployment rate ticked up to 6.7%, from 6.6% the prior month as more Americans joined the labor force. Both numbers were reported by the Department of Labor on Friday morning…”
Poverty-related issues in the news, from the Institute for Research on Poverty