Payrolls in U.S. Rise 175,000; Jobless Rate at 6.7%

Payrolls in U.S. Rise 175,000; Jobless Rate at 6.7% Play

March 7 (Bloomberg) -- Employers added more workers than projected in February, and the jobless rate unexpectedly climbed from a five-year low. The 175,000 gain in employment followed a revised 129,000 increase the prior month that was bigger than initially estimated, Labor Department figures showed today in Washington. Unemployment rose to 6.7 percent from 6.6 percent as more people entered the labor force and couldn’t find work. Peter Cook reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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