US adds 236K jobs, unemployment falls to 7.7%. - WALB.com, Albany News, Weather, Sports

US adds 236K jobs, unemployment falls to 7.7%.

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Air Algerie flight vanishes from radar

    Air Algerie flight vanishes from radar

    Thursday, July 24 2014 7:21 AM EDT2014-07-24 11:21:02 GMT
    ALGIERS, Algeria (WALB) - An Air Algerie flight with 110 passengers and 6 crew member has vanished from radar.The flight, which was headed to Algiers from Burkina Faso, disappeared about 50 minutes after takeoff.The plane's flight path passes over Mali where military unrest continues in country's north. The U.S. recently banned flights into and over African conflict zones, including Mali.This comes just days after a Malaysian Airliner was shot down over Ukraine killing everyone on boardCopyri...More >>
    ALGIERS, Algeria (WALB) - An Air Algerie flight with 110 passengers and 6 crew member has vanished from radar.The flight, which was headed to Algiers from Burkina Faso, disappeared about 50 minutes after takeoff.The plane's flight path passes over Mali where military unrest continues in country's north. The U.S. recently banned flights into and over African conflict zones, including Mali.This comes just days after a Malaysian Airliner was shot down over Ukraine killing everyone on boardCopyri...More >>
  • Two in custody following drug bust

    Two in custody following drug bust

    Wednesday, July 23 2014 11:13 PM EDT2014-07-24 03:13:15 GMT
    Two people believed to be involved in selling cocaine in a car wash behind a gas station on North Slappey are in custody tonight.More >>
    Two people believed to be involved in selling cocaine in a car wash behind a gas station on North Slappey are in custody tonight. More >>
  • Richard Woods awaits final results, running for School Superintendent

    Richard Woods awaits final results, running for School Superintendent

    Wednesday, July 23 2014 10:46 PM EDT2014-07-24 02:46:17 GMT
    Republican candidate Richard Woods is ready to take on Valerie Wilson in the November general election this fall. Before that can happen, there will be a recount first between he and other Republican candidate Mike Buck.More >>
    Republican candidate Richard Woods is ready to take on Valerie Wilson in the November general election this fall. Before that can happen, there will be a recount first between he and other Republican candidate Mike Buck.
    More >>
By CHRISTOPHER S. RUGABER
AP Economics Writer

WASHINGTON (AP) - U.S. employers ramped up hiring in February, adding 236,000 jobs and pushing the unemployment rate down to 7.7 percent from 7.9 percent in January. Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts.

The government's February employment report was filled with mostly encouraging details. The unemployment rate is now at its lowest level in four years.

Hiring has averaged more than 200,000 per month since November. Wages increased. And the job gains were broad-based, led by the best construction hiring in six years.

One negative detail: employers added fewer jobs in January than first estimated. Job gains were lowered to 119,000 from an initially reported 157,000. Still, December hiring was a little better than first thought, with 219,000 jobs added instead of 196,000.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.