3 Takeaways From the February Jobs Report

On Friday, the Labor Department reported that 253,000 jobs were added to the U.S. economy in February. The report beat expectations: Economists surveyed by The Wall Street Journal were expecting 197,000 jobs to be added. Here are the three most important takeaways. The unemployment rate has been at or under 5 percent for 18 months. The February jobs report continued the steady economic growth seen in 2016: 253,000 jobs were added, the unemployment rate lowering slightly to 4.7 percent, and the labor-force participation rate ticked up slightly to 63 percent. Average hourly earnings is at......(read more)

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