The US economy added 273,000 jobs in February, as the unemployment rate fell to a historic low 3.5%
Leading the gains were new jobs in health care and social assistance, food services and government, where 7,000 people were hired for the April Census.The unemployment rate fell back to the historic low 3.5%.
Paychecks increased by 3% on average over the year leading up to February, and grew 0.3% in the month.The jobs survey was taken in the middle of February, before coronavirus fears overtook Corporate America.Read MoreThis is a developing story. It will be updated.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Economy Added 273,000 Jobs in FebruaryEmployers added 273,000 jobs in February and the jobless rate was 3.5%, signs of labor-market strength before the novel coronavirus spread widely in the U.S.
Read more »
US added robust 273K jobs in February before virus escalatedBREAKING: Hiring jumped in February as employers added 273,000 jobs, evidence that the economy was in strong shape before the coronavirus began to sweep through the U.S. The unemployment rate fell to 3.5%, matching a 50-year low, down from 3.6%.
Read more »
U.S. private payrolls increase solidly in FebruaryU.S. private payrolls increased more than expected in February, pointing to labo...
Read more »
February Jobs Report to Show U.S. Labor Market Before CoronavirusThe February jobs report will offer a gauge of the U.S. labor market before coronavirus began to impact the economy
Read more »
US economy smashes estimates, adds 273,000 jobs in February amid coronavirus outbreak - Business InsiderDon't be misled by the strong number. The full impact of the coronavirus wasn't fully reflected in the February report.
Read more »
Defense Department weakens U.S. military housing bill after consulting industryA sweeping military housing reform plan, pitched as a way to protect U.S. service families from shoddy homes and unresponsive landlords, is moving forward with fewer protections than what families and congressional reformers had sought
Read more »