The U.S. economy exceeded forecasters' expectations in February, adding 175,000 new positions. This is a welcome jump from the paltry 75,000 jobs gained in December and 113,000 in January -- which had constituted the weakest back-to-back monthly figures in three years -- but the unemployment rate edged up to 6.7%. And we are still far off pace for the recovery federal officials would like to see as they scale back a massive bond-buying program.
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