US Jobs Report: Economy Added 175,000 Jobs, Unemployment Rate Ticks Up To 6.7 Percent

 @gmorcroftg.morcroft@ibtimes.com
on March 07 2014 8:41 AM
unemployment
A man holds pamphlets as he waits at a job fair. Reuters/Mike Segar

The U.S. economy added 175,000 jobs in February, the Labor Department said on Friday. The unemployment rate ticked up to 6.7% from 6.6%, the department added. Analysts had expected the economy to add 140,000 jobs. The report said hourly average wages rose 9 cents to $24.31, but average workweek hours fell modestly to 34.2 hours.

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