February payrolls increased by 227,000, helping the last six months show the strongest job growth since 2006. The unemployment rate remains the same at 8.3%. However, the construction sector lost 13,000 jobs for the month.
A report from AARP found that prescription-medication prices increased 26% from 2005 to 2009, about twice the rate of inflation. Prescription drugs are likely to be a significant cost to Americans in retirement, experts say. The drug industry rejects AARP's figures, saying many drugs are cheaper with discounts, rebates and brands coming off patent.
The U.S. economy added 227,000 jobs last month, according to Labor Department figures. It was the third consecutive month in which the net job increase surpassed 200,000. The unemployment rate remained unchanged at 8.3%.