US added 678,000 jobs in February, unemployment rate went down
The United States job growth increases in February, and the unemployment rate edges down indicating a strong labor market as the economy recovers from the Omicron variant and prepares for higher interest rates
By Ishika Dangayach
Published - Mar 04, 2022, 05:37 PM ET
Last Updated - Feb 18, 2024, 03:06 AM EST
• Professional and business services added 95,000 jobs
• The labor-force participation rate rises to 62.3% last month
The United States job growth increases in February, and the unemployment rate edges down indicating a strong labor market as the economy recovers from the Omicron variant and prepares for higher interest rates.
The Labor Department reported that the U.S. economy added 678,000 jobs and the unemployment rate was 3.8% in February.
