Job Growth in the US is at a four year high since last month with auto makers, builders, retailers and others pushing the unemployment rate lower and lower against the odds of the budget battles. This move by the employers is against the economic expansion but it is a welcome move to the people in USA.

The employment stands at 2,36,000 as of last month after a revised 1,19,000 gain in January according to the stats from the US Labor Department on Friday in Washington. This means that the jobless rate is now at 7.7% falling from 7.9% which is a score better than times after December 2008.

With the news that the world's biggest economy is standing back on its feet despite the budget cuts from the government and the high payroll-taxes, stocks, dollar rate and US Treasury yields have started growing. Will this rise be stable enough to boost employment rates?

(AW- Anil)