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• Monday, March 11th, 2013

The unemployment rate in America has fallen to its lowest level in five years.

236,000 workers were employed in February, demonstrating that the economy is recovering.

During the past two years employers in the US have added an average of 180,000 jobs a month. Although it was forecast that in January 157,000 jobs would be added, it actually only equated to 119,000 jobs and therefore was lower than many expected. However these latest figures suggest more and more employers are opening up job vacancies and that job opportunities are in fact growing.

The unemployment rate in the US also dropped in February by 0.2% and is currently at 7.7%.

A few different industries are said to be responsible for the surge in employment and noticeably the construction industry has become stronger in recent months. Manufacturing, food and drink and the healthcare industry have all seen job openings increase too.

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