Digging Into Jobs Data: Factory Workers, Vets Gain

In the last year, the unemployment rate for veterans of Gulf War II (Iraq and Afghanistan) has dropped significantly, from 12.5 percent down to 7.6 percent. Photograph by Joe Raedle/Getty Images

February added another month of strong job growth to the recovery, with 227,000 net new jobs. It marked the third month in a row where nonfarm payrolls increased by more than 200,000—the first time that’s happened since, well … since this time last year. Reminds you just how big of a wall the recovery hit last spring after such a promising start. The same could happen in 2012, but with Europe seeming to tighten up its debt crisis and the U.S. debt-ceiling debate behind us (for now), the potential headwinds appear less daunting this year.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.