Updated from 02/27/10
NEW YORK ( TheStreet) -- Investors will turn the calendar another page in the coming week, but their focus will be on the same old thing: whether the U.S. can finally capture the elusive jobs growth needed to boost confidence in the sluggish recovery.
Stocks managed gains in February, despite sovereign debt fears in Europe and concerns due to uncertainty about the economy. The Dow Jones Industrial Average gained 2.6% during the month, as the S&P 500 added 2.9%. Jitters about Greece's debt and eurozone difficulties may linger into the coming week.
But the nonfarm payrolls report by the Labor Department, due Friday, looms large, as the nation's labor market struggles remain the economy's sticky wicket.> > Bull or Bear? Vote in Our Poll Lawmakers and regulators turned their gaze more intently on the problem this past week. The Senate passed a $15 billion jobs stimulus bill. Among other items, the package included a social security tax exemption on each new hire for the rest of the year. In his testimony to the House Financial Services Committee on Wednesday, Federal Reserve Chairman Ben Bernanke also said labor market woes
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