US economy added 151,000 jobs in February, below expectations

MT HANNACH
1 Min Read
Disclosure: This website may contain affiliate links, which means I may earn a commission if you click on the link and make a purchase. I only recommend products or services that I personally use and believe will add value to my readers. Your support is appreciated!

The American economy added jobs at a slower pace than scheduled in February, giving the Federal reserve more data on the job market when it is preparing to meet later this month.

Friday, the Labor Department said that employers added 151,000 jobs in February, below the estimate of 160,000 jobs made by LSEG economists.

The unemployment rate was 4.1%, slightly higher than the expectations of economists, it would remain at 4%.

It is a story in development. Please check the updates.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *