LogFAQs > #979257473

Im sure knowing this information put a little pep in Bidens step last night during the SOTU.

https://www.cnn.com/2024/03/08/economy/february-jobs-report-final/index.html

The US labor market is doing just swell.
The economy added 275,000 jobs in February, the Bureau of Labor Statistics reported Friday, registering a stronger-than-expected gain that shows the foundation for economic growth remains quite sturdy.

The economy remains strong, held up by a robust labor market, wrote Christopher Rupkey, chief economist with FwdBonds, in a note Friday. The labor market remains rock solid.

Economists had expected a net gain of 200,000 jobs in February and for the unemployment rate to be unchanged at 3.7%, according to FactSet estimates.
The unemployment rate climbed higher, to 3.9%, in February.

February marked the 38th consecutive month of job growth (the fifth-longest period of employment expansion on record), and the 25th consecutive month that the nations jobless rate has been below 4%, the longest stretch in more than 50 years, BLS data shows.