Jobs report: Employment jumps in February, The economy added 295,000 new jobs in February, according to the Bureau of Labor Statistics, blasting past economists' expectations of 240,000 new jobs.
The unemployment rate fell to 5.5% from 5.7% in January, the lowest since May 2008, when the rate was 5.4%.
Businesses added jobs in food services and drinking places, professional and business services, construction, health care, and in transportation and warehousing. Government hiring was unchanged, and hiring in the mining industry fell.Read More
The unemployment rate fell to 5.5% from 5.7% in January, the lowest since May 2008, when the rate was 5.4%.
Businesses added jobs in food services and drinking places, professional and business services, construction, health care, and in transportation and warehousing. Government hiring was unchanged, and hiring in the mining industry fell.Read More
