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NEW YORK (AP) — Stocks are mixed in early trading following news that employers stepped up their hiring last month despite severe winter weather. The Labor Department reports that employers added 175,000 jobs in February, far more than expected. The unemployment rate rose to 6.7 percent from a five-year low of 6.6 percent as more Americans began seeking jobs but many didn't find them.
WASHINGTON (AP) — Analysts are welcoming today's unemployment report. Paul Dales of Capital Economics says if the economy could generate 175,000 jobs in a month of severe weather, employment growth should "accelerate further" once the weather improves. Stephen Wood of Russell Investments says the report reflects "a grinding but positive recovery in the economy."
OXON HILL, Md. (AP) — Rick Perry says Republican governors like him are leading the nation's economic recovery. The Texas leader says governors of Democratic-led states, in contrast, are promoting policies that produce higher taxes, out-of-control pensions and fewer jobs. Perry, a 2012 presidential contender, singled out New York and California as states where taxes are too high. The Texas governor was the first speaker this morning at the annual Conservative Political Action Conference near Washington.
SIMFEROPOL, Ukraine (AP) — A Ukrainian clergyman is urging the international community to step in and stop the vote scheduled for later this month in Crimea -- where residents will be asked if they want to be a part of Russia. The Ukrainian Orthodox bishop was among dozens of people who turned out today for a rally in Crimea's capital. One of the demonstrators says he's "against being forced to live in a different country."
FORT BRAGG, N.C. (AP) — Opening statements have begun in North Carolina in the court-martial of a U.S. Army general accused of sexually assaulting a captain under his command. Prosecutors are starting to make their case against Brig. Gen. Jeffrey Sinclair. Defense lawyers say he's the victim of an overzealous military justice system under political pressure to make an example of him. Sinclair pleaded guilty yesterday to three charges, including adultery and inappropriate relationships with three female officers. But he maintains his innocence on five remaining counts.
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