Economy Adds 242,000 Jobs In February, Unemployment Remains At 4.9 Percent

In this Jan. 15, 2013, photo, Racheel Weston, stood in line with a few hundred other job seekers, during the job fair that the Miami Marlins hosted at Marlins Park in Miami. The number of Americans seeking unemployme... In this Jan. 15, 2013, photo, Racheel Weston, stood in line with a few hundred other job seekers, during the job fair that the Miami Marlins hosted at Marlins Park in Miami. The number of Americans seeking unemployment benefits fell last week to the lowest level in five years, a positive sign that layoffs have fallen and hiring may pick up. (AP Photo/J Pat Carter) MORE LESS

The U.S. economy grew by 242,000 jobs in February, while the unemployment rate remained at 4.9 percent, the Bureau of Labor Statistics reported on Friday.