Business News

Super Jobs Report

It is jobs Friday and the Department of Labor says the US economy added a super-sized 295,000 jobs, 288,000 private sector and 7000 government jobs, in February. The 245,000 for the three-month trend, is the strongest pace of hiring since the 1990s. The unemployment rate fell to 5.5%.

After the European Central Bank announced its massive quantitative easing campaign would start Monday, the Euro has dropped below $1.10 for the first time since September 2003. (CNBC)

Big Lots reported fourth-quarter profits of $94.4 million on sales of $1.59 billion. Big Lots shares have increased 19% since the beginning of the year and are up 64% in the last 12 months. (AP)

In another sign summer is coming early and winter was never really here. Government Camp based Skibowl will be opening some of its summer attractions on March 7th. That will include the bungee jump tower, zip line and Malibu raceway. They also hope to get the alpine slide and mountain bike park ready to go by Spring Break. (KGW TV)

Join us Saturday at 10 for Financial Focus Radio when our guest will be Linda Baker, editor of Oregon Business Magazine.

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