Hiring Growth Slowed in February as Employers Struggled to Find Workers

The unemployment rate edged down to 3.8%.

The unemployment rate ticked down in February but hiring growth slowed significantly, a sign employers could be struggling to find workers as the labor market tightens.

U.S. nonfarm payrolls rose a seasonally adjusted 20,000 in February, the Labor Department said Friday. The unemployment rate, a seasonally adjusted 3.8%, was down from 4.0% a month earlier.