Obama: New jobs report, domestic manufacturing signs of 'better days ahead'
By Jonathan Easley - 03/09/12 07:38 PM EST
“Manufacturing is adding jobs for the first time since the 1990s,” the president said. “We just had another good month last month in terms of adding manufacturing jobs, and this facility is part of the evidence of what’s going on all across the country. So the economy is getting stronger and when I come to places like this and I see the work that's being done it gives me confidence there are better days ahead."
The economy added 227,000 jobs in February, according to the Bureau of Labor Statistics jobs report released on Friday. The number exceeded expectations and was the third straight month of job gains to come in at above 200,000, although the unemployment rate remained unchanged at 8.3 percent.
Employment in the manufacturing sector increased by 31,000 in February, the third straight month of job growth for the sector.