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U.S. added 678,000 jobs in February in sign of economic health

Posted on AllSides March 4th, 2022
From The Left
Economy and Jobs, unemployment
Joe Raedle/Getty Images

U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy’s solid health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation.

The Labor Department’s report Friday also showed that the unemployment rate dropped from 4 percent to 3.8 percent, extending a sharp drop in joblessness as the economy has rebounded from the pandemic recession.

The latest jobs data follows recent reports that have shown an economy maintaining strength as new COVID infections have plummeted...

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https://www.politico.com/news/2022/03/04/jobs-february-economy-00014160

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