February jobs report shows steep increase in hiring - KTIV News 4 Sioux City IA: News, Weather and Sports

February jobs report shows steep increase in hiring; unemployment falls to 7.7%


Employers created almost twice as many jobs in February as the month before.

The Labor Department's jobs report for February drops the nation's unemployment rate to 7.7 percent, a four-year low with a better-than-expected 236,000 new jobs created.

Wages went up and the construction industry had its best month in six years.

Still, government workers are worried about the sequester cuts.

Border Patrol just sent out 60,000 furlough notices and Nebraska military base workers are waiting for the impact of budget cuts.

"I will literally, probably not buy food," says Tracy Killian.

To fix it President Obama is reaching out one-on-one to Republicans.

He'll meet them on capitol hill next week after a White House sit-down with Budget Chair Paul Ryan and his committee's top Democrat, Maryland Representative Chris Van Hollen.

The House passed their budget Wednesday.

We should see the Senate's budget next week.

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