Non-Farm Employment rose by 313,000

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Friday, Mar 09 2018

Non-Farm Employment rose by 313,000

Total nonfarm payroll employment increased by 313,000 in February, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported.Employment rose in construction, retail trade, professional and business services, manufacturing, financial activities, and mining.

In February, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $26.75, following a 7-cent gain in January. Over the year, average hourly earnings have increased by 68 cents, or 2.6 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $22.40 in February.

More in this category: « UK Industrial Production increased less than expected USD - Major events in the week ahead »

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