Economics
America's Labor Market Is Getting Better by Almost Any Measure
- Payrolls, wages, workforce participation all show improvement
- ‘Strong reasons for optimism’ in report, economist says
A Deep Dive Into the February U.S. Jobs Report
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America’s labor market might not be as great yet as President Donald Trump wants, but by almost any measure, it’s getting better.
Employers added an above-forecast 235,000 positions in February, while measures of joblessness and underemployment improved, the Labor Department’s monthly report showed on Friday. Wage growth picked up and the share of prime-age Americans in the labor force rose to the highest since 2011, suggesting the economy’s strength is drawing people off the sidelines.