The jobs market continues its strong streak. The Labor Department reports that 275,000 new jobs were added to the U.S. economy in February. https://twitter.com/nytimes/status/1766095881688781303 From the New York Times:
The unemployment rate, based on a survey of households rather than businesses, increased to a two-year high of 3.9 percent.
The increase from 3.7 percent in January was driven by people losing or leaving jobs as well as those entering the labor force to look for work.
Average hourly earnings rose by 4.3 percent over the year. Wages have outpaced prices since last May, though the pace of increases has been fading.
https://twitter.com/BidenHQ/status/1766177589364670801 https://twitter.com/SecretaryPete/status/1766158253501657198
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