Geee Posted March 6, 2020 Share Posted March 6, 2020 Washington Examiner Employment growth in February beat expectations, as 273,000 workers were added to payrolls, the Bureau of Labor Statistics reported on Friday. The unemployment rate was 3.5%, versus 3.6% in January. Forecasters had expected about 175,000 jobs. The job growth numbers for December and January were also revised up, by a combined 85,000. Altogether, the labor market displayed great strength heading in March, when fears about the coronavirus began to crimp commerce. Employers had added an average of 243,000 jobs a month in the past three months, about double the number the Federal Reserve has calculated is necessary to keep unemployment trending down. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now