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The U.S. economy added 227,000 jobs in February, higher than economists' expectations. The economy created 61,000 more jobs in December and January than earlier reported. The unemployment rate remained at 8.3% as more people looked for jobs, boosting the number in the workforce. The labor force participation rate, the percentage of working-age people working or looking for a job, inched up to 63.9% from 63.7%.
The U.S. economy added 227,000 jobs in February, higher than economists' expectations. The economy created 61,000 more jobs in December and January than earlier reported. The unemployment rate remained at 8.3% as more people looked for jobs, boosting the number in the workforce. The labor force participation rate, the percentage of working-age people working or looking for a job, inched up to 63.9% from 63.7%.