US adds 275,000 jobs in February as labor market continues to grow
by Lauren Aratani in New York from on (#6K6HV)
Layoffs climb sharply with last month's rate the highest of any February since 2009 but expert says job gains remain solid'
Employers added 275,000 jobs across the US last month, as the labor market continues to grow at a clip in the face of the high interest rates.
Job growth exceeded expectations of 200,000 on Wall Street in February and rose from the previous month's revised rate of 229,000.
Continue reading...