CAP en Español
Small CAP Banner

Job Growth OK for Now but Sequester Hasn’t Hit Yet

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

New U.S. Bureau of Labor Statistics data provide some welcome good news, as employers added 236,000 new jobs in February and the unemployment rate dropped from 7.9% to 7.7%. Even though government cutbacks have slowed economic growth over the winter, this drag on the economy has not resulted in slower employment growth.

I wouldn’t break out the champagne yet, however, as the sharp cuts in government spending implemented a week ago today will add roadblocks to recovery.

Read more here.

This article was originally published in MarketWatch.

To speak with our experts on this topic, please contact:

Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or

Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or

Print: Allison Preiss (economy, education)
202.478.6331 or

Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or

Print: Chelsea Kiene (women's issues,, faith)
202.478.5328 or

Print: Benton Strong (Center for American Progress Action Fund)
202.481.8142 or

Spanish-language and ethnic media: Jennifer Molina
202.796.9706 or

TV: Rachel Rosen
202.483.2675 or

Radio: Chelsea Kiene
202.478.5328 or