U.S. unemployment rate rose to 3.9% in February, adding 275,000 jobs, the most in two years.
The U.S. unemployment rate rose to 3.9% in February, the highest in two years, as employers added 275,000 jobs, the most in two years. The unemployment rate increased by 0.2 percentage points, and the number of unemployed people rose by 334,000. Job growth occurred in sectors such as healthcare, government, food services, social assistance, and transportation and warehousing. Despite the robust hiring in February, the details of the report suggest a potential moderation in job growth ahead.
March 08, 2024
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