Total nonfarm payroll employment in the U.S. increased by 151,000 jobs in February. The unemployment rate remained relatively steady at 4.1%, showing little fluctuation. The labor force participation remained at 62.5% for the month of February, maintaining a similar trend since the beginning of the year. Additionally, average hourly earnings rose by 0.3%, contributing to a 4% increase over the past 12 months.
Learn more about the recent BLS employment update below.
For the U.S. Bureau of Labor Statistics February jobs report, click here.