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U.S. employers added 227,000 jobs in February to complete three of the best months of hiring since the Great Recession began.
The U.S. Bureau of Labor Statistics reported Friday that the number of Americans who had jobs jumped by 428,000 in February following a 847,000 gain in January.
Over the past six months, the number of people who are employed has risen by 2.3 million - an average of 385,000 per month. That's the best growth since early 2000, when the dot-com bubble was in full force.
The U.S. Labor Department said the national unemployment rate stayed at 8.3 percent last month, the lowest in three years. The unemployment rate was unchanged, largely because more people streamed into the work force.
Wisconsin's seasonally adjusted unemployment rate fell to 6.9 percent in January from 7.0 percent in December, according to the Wisconsin Department of Workforce Development. However, the department's revised figures showed that the state had a net loss of 9,700 private sector jobs for all of 2011.
Meanwhile, the number of new business entities formed in Wisconsin through February was 6,390, an increase of 16.9 percent compared with first two months of 2011.
Fueling the increase was a rise in the number of domestic limited liability companies. Year-to-date domestic LLC formation was up 21 percent.
The business formation data is compiled by the Department of Financial Institutions.
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