US Economy Added 678K Jobs In February

The U.S. added 678,000 jobs in February as the unemployment rate fell to 3.8%

U.S. employers added 678,000 jobs in February, according to the Labor Department’s report released today.

February continued to show strong job growth as coronavirus cases declined bringing customers back to businesses and workers back to the office. This is the second straight month the numbers have exceeded economists expectations.

The unemployment rate in February fell to 3.8 percent.

The job numbers for December were revised up by 78,000, from +510,000 to +588,000, and the change for January was revised up by 14,000, from +467,000 to +481,000.

With these revisions, employment in December and January combined is 92,000 higher than previously reported.

You can find all the stats at the Labor Department’s report here.