The February jobs report was an eagerly anticipated one, and it held a surprise. Economists had not expected a repeat of January’s stunning 353,000 new jobs, with most predicting the addition of 200,000 jobs last month. But February delivered 275,000 new jobs, a number the AP calls “surprisingly robust” and “a sign of continued economic strength.”
The unemployment rate inched up to 3.9% from 3.7% the month prior, though CNN notes that marks the 25th consecutive month the rate has been below 4%.
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Article URL : https://www.newser.com/story/347479/february-jobs-report-contained-a-surprise.html