The US added 379,000 jobs in February, signaling the recovery is finally gaining steam
The US economy added 379,000 jobs last month, far more than economists had expected, signaling the labor market recovery is finally gaining steam.
The January numbers were also revised sharply higher to 166,000 added jobs versus 49,000 initially reported.
The leisure and hospitality industry added the most jobs in February with 355,000 new positions as some restrictions to stop the spread of Covid-19 were rolled back. The sector is still recovering from a rough winter, adding back positions that were lost rather than creating new jobs.