NY Fed President William Dudley outlined some bright spots in the US recovery from recession, but he stressed that the labor market is still hobbled.
Traders saw the surprise gain in February jobs as a sign of a stronger economy, and a signal that interest rates could continue to move higher.
Job creation ramped up a bit in February, posting a gain of 175,000 while the unemployment rate rose to 6.7 percent.
The U.S. Labor Department said Friday that the unemployment rate hit XX in February—but does that rate tell the real story?
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