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US Nonfarm Payroll and Unemployment Rate: Difference between revisions
US Nonfarm Payroll and Unemployment Rate (view source)
Revision as of 19:46, 13 April 2023
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=== February === | === February === | ||
February jobs report indicates the US economy remains strong. The US economy added 311,000 jobs in February, above the 225,000 Dow Jones estimate. On the other hand, the unemployment rate rose to 3.6%, above the 3.4% estimate. Labor force participation rate was 62.5% in the month versus 62.4% in January<ref>https://finance.yahoo.com/news/february-jobs-report-march-10-2023-124602371.html | February jobs report indicates the US economy remains strong. The US economy added 311,000 jobs in February, above the 225,000 Dow Jones estimate. On the other hand, the unemployment rate rose to 3.6%, above the 3.4% estimate. Labor force participation rate was 62.5% in the month versus 62.4% in January. Leisure and hospitality led the gain with an addition of 72,000 jobs in March<ref>https://finance.yahoo.com/news/february-jobs-report-march-10-2023-124602371.html | ||
https://www.cnbc.com/2023/03/10/jobs-report-february-2023.html?__source=androidappshare</ref>. | https://www.cnbc.com/2023/03/10/jobs-report-february-2023.html?__source=androidappshare</ref>. | ||
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