US hiring COOLS – 311k jobs added in February, unemployment up to 3.6%
BREAKING NEWS: U.S. hiring COOLS as 311,000 jobs are added in February and unemployment rate rises to 3.6%
- The U.S. added 311,000 jobs in February, again beating out estimates
- It still accounted for fewer jobs than were added in January
- The unemployment rate went from 3.4 percent to 3.6 percent
The U.S. added 311,000 jobs in February, again beating out estimates, but still accounting for fewer jobs than were added in January.
Dow Jones estimated that 225,000 hires would be made last month.
The unemployment rate went from 3.4 percent to 3.6 percent, which is still historically low, as the country recovers from the COVID-19 pandemic that rocked the economy three years ago.
The U.S. added 311,000 jobs in February, again beating out estimates, but still accounted for fewer jobs than were added in January
President Joe Biden talks about what’s in his budget Thursday in Philadelphia
The Bureau of Labor Statistics initially said 517,000 jobs were created in January, but revised that number Friday to 504,000.