The American job market is still a long way from healthy, but its pulse feels a lot stronger now than it did six months ago. The Labor Department says employers added 227,000 workers to their payrolls in February, a solid — if not spectacular — performance. It continues a trend that suggests a genuine recovery, not a temporary blip.
The unemployment rate held steady at 8.3 percent, even as nearly 500,000 people joined the workforce.
Improvement in the job market is a boon for President Obama as he tries to hold onto his own job in November.
Meet Willow Tufano, age 14: Lady Gaga fan, animal lover, landlord.
In 2005, when Willow was 7, the housing market was booming. Home prices in some Florida neighborhoods nearly doubled from one month to the next. Her family moved into a big house; her mom became a real estate agent.
But as Willow moved from childhood to adolescence, the market turned, and the neighborhood emptied out. "Everyone is getting foreclosed on here," she says.
Here's what to expect at 8:30 a.m. ET when the Bureau of Labor Statistics releases its much-anticipated February jobs report, economists say:
-- "The economy probably created 210,000 jobs last month, according to a Reuters survey, following January's tally of 243,000. The unemployment rate is expected to have held at a three-year low of 8.3 percent."