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U.S. Economy Creates Better-Than-Expected 295K Jobs in February

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~~~~NBCNews1

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The U.S. job-creation engine remained revved up in February, defying Old Man Winter and expectations for lower growth, government data showed on Friday.

Wage growth, however, remained sluggish, rising by a mere three pennies an hour, or a 2.0 percent annualized gain. The average work week was 34.6 hours, essentially unchanged.

 The Labor Department reported that non-farm payrolls rose by 295,000 last month, versus January’s unrevised 329,000, extending for another month one of the the best streaks of jobs growth since the late 1990s. The unemployment rate slipped to 5.5 percent from 5.7 percent, Economists on average had been expecting a payrolls number of 240,000 with a jobless rate of 5.6 percent.

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http://www.nbcnews.com/business/economy/u-s-economy-creates-better-expected-295k-jobs-february-n318516

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I’m a Member of the American ‘Used-to-Haves’

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Huffpost Politics

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I used to have a house. I used to go on vacations. I used to shop at department stores, get my hair done and even enjoy pedicures. Now, I don’t. I’m a member of the American “Used-to-Haves.”

Now, I’m renting an apartment and I’m desperately awaiting a check so I can pay the rent. Yet, I’m lucky to have an apartment that includes utilities. Despite my college degree from a prestigious college, and solid employment track record, I can’t get a job. It’s been so long since my corporate days, I now feel unemployable.

My age doesn’t help. But I’m as healthy as a thoroughbred, I appear quite young and would gladly accept a basic salary. I’m a bargain! But no. I’m freelancing for $15 an hour these days, but I used to earn $100 an hour. In fact, all the freelance hourly rates have been driven down to $15-30 an hour. To make ends meet, I also work as an aide ($13.75 an hour) and run a small local company. And my annual earnings are under $20,000.

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!!!!!Unemployed1
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