Statistics says U.S economy has lost almost 63 thousand jobs in this February, 2008. This is the strongest fall off in the last five years. In the private sector almost 101 thousand job-lost occurred last month. Retail stores had 34 thousand job lost and manufacturing sectors had 52 thousand job lost.

Because of this sudden downfall Federal Reserve may again lower the interest rates in this month. The president Bush acknowledges that it is evident the economy has slowed down but he is confident that the recently enacted Economic Stimulus Bill will surely boost up the U.S. economy again very soon.