Unemployment Figures Released, 8.3%

The United States Bureau of Labor statistics released employment figures for February today, Friday. The report says that the number of employed has increased by 227k and that employment figure is now at 8.3%. A Gallup poll yesterday had predicted unemployment would rise to 9.1% today while mos  t analysts agreed on a figure of 8.3%. The increase in employment has come with analysts suggesting the level to be anywhere between 175k and 250k. The consensus number seems to have been around 250k. The unemployment rate released for January was a lower than had been expected 8.3% The figure follows…