The U.S. Jobs Engine Was Strong Heading Into Sequestration

A worker builds a new home at Norterra-Skyline housing development on March 5 in Phoenix. Photograph by Justin Sullivan/Getty Images

Well, at least the labor market had a head of steam heading into sequestration. The Bureau of Labor Statistics reported Friday that the U.S. economy created 236,000 jobs in February, more than expected, as the unemployment rate fell to a five-year low of 7.7 percent.

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