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3 Things to Note About Last Week's Unemployment Figures

WASHINGTON, DC—One reason to be optimistic: the unemployment rate rose because more people entered the workforce looking for work, Cushman & Wakefield's Ken McCarthy tells GlobeSt.com's Erika Morphy.

By Erika Morphy | Updated on March 09, 2014

WASHINGTON, DC—On Friday the Bureau of Labor Statistics reported that the economy created 175,000 jobs in February and the unemployment rate rose slightly to 6.7%. While the news wasn’t as dismal as earlier months’ job creation figures, it wasn’t either something to celebrate. But there three reasons to hope that the economy is continuing to recover from those numbers.

1] The increase in the unemployment rate indicated that more people were re-entering the workforce to look for work, Cushman & Wakefield’s Ken McCarthy tells GlobeSt.com. “That suggests there is greater about the labor markets from workers,” he says.

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