Employment increased, and the unemployment rate fell in the United States in February

By: Trademagazin editor Date: 2022. 03. 04. 11:12

In February, the number of people employed in the non-agricultural sector rose in the United States instead of the expected decline, and the unemployment rate fell more than expected, the Bureau of Labor Statistics (BLA) said on Friday.

US labor market is doing well

The total number of non-agricultural employees increased by 678 thousand in February, but was still 2.1 million or 1.4 percent lower than its pre-pandemic level in February 2020. The number of jobs grew broadly during the month, with growth in leisure and hospitality, professional and business services, healthcare and construction leading the way. (MTI)