Jobs
US Jobs Report Shows Evidence Labor Market Is Softening
- February payrolls increased 151,000 after downward revision
- Unemployment rate climbed notably among men, Hispanic people
US job growth steadied last month while the unemployment rate rose — a mixed snapshot of a job market hanging in the balance of quickly changing government policy.
Nonfarm payrolls increased 151,000 in February after a downward revision to the prior month, according to a Bureau of Labor Statistics report out Friday. The unemployment rate rose to 4.1%.