While the unemployment rate is still at 8.3%, it seems as though an honest recovery is taking place. There has been 24 months of straight private sector growth. There were 233K private sector jobs created in Feb, but a loss of 6K in the public sector brought the total down to 227K jobs.
Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3% - Bloomberg
"Employers in the U.S. boosted payrolls more than forecast in February, capping the best six- month streak of job growth since 2006 and sending stocks higher.
The 227,000 increase followed a revised 284,000 gain in January that was bigger than first estimated, Labor Department figures showed today in Washington. The median projection of economists in a Bloomberg News survey called for a 210,000 rise. The jobless rate held at 8.3 percent, even as 476,000 more workers sought employment.[...]