The immediate headlines out of the latest jobs numbers — that job growth was solid and the unemployment rate unchanged in February — would seem like yawners. But there’s some great news beneath the surface: Americans are returning to the work force in the largest numbers in many years.
The American labor force rose by a whopping 555,000 people in February. Over the last three months, that number totals 1.52 million, the highest it has been in 16 years. In other words, this winter a lot more people have been either working or actively looking for work.
