The unemployment rate sees a surprise uptick as new jobs fall short of expectations
The U.S. added 151,000 jobs in February, government payrolls data showed Friday, fewer than the 160,000 economists had projected but a rise from the downwardly revised 125,000 in January. The unemployment rate unexpectedly rose from 4.0% to 4.1%. Month-on-month wage growth of 0.3% met consensus expectations.Read more...
The U.S. added 151,000 jobs in February, government payrolls data showed Friday, fewer than the 160,000 economists had projected but a rise from the downwardly revised 125,000 in January. The unemployment rate unexpectedly rose from 4.0% to 4.1%. Month-on-month wage growth of 0.3% met consensus expectations.
