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236,000 jobs were added in the U.S last month driving the jobless rate to 7.7 percent, the lowest since December 2008, according to a Friday March 8 report from the Labor Department.
Construction led the way with 48,000 new jobs, the single largest gain since March 2007, as reported by Reuters. The report is a good indicator that low January numbers could be indicative of Fiscal Cliff and Sequester fears. As industry experts continue to gauge the impact of changing federal policies and the soaring stock market, it seems, at least for now, that construction is on track for a positive 2013.
