US added 275K jobs in February while unemployment moves higher
03/08/2024 21:09
February jobs data blew past expectations for the month, the US Bureau of Labor Statistics reporting 275,000 non-farm payroll jobs were added to the US economy against expectations of 200,000. The unemployment rate also moved up from 3.7% to 3.9% Yahoo Finance Live co-hosts Seana Smith and Brad Smith break down the report, examining labor market trends and how Federal Reserve officials may be expected to respond accordingly to the data. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
February jobs data blew past expectations for the month, the US Bureau of Labor Statistics reporting 275,000 non-farm payroll jobs were added to the US economy against expectations of 200,000. The unemployment rate also moved up from 3.7% to 3.9%
Yahoo Finance Live co-hosts Seana Smith and Brad Smith break down the report, examining labor market trends and how Federal Reserve officials may be expected to respond accordingly to the data.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.