WASHGINTON – The federal government reports the United States Economy added 273,000 jobs in February.
That’s far more than economists had predicted. Leading the gains were new jobs in health care and social assistance, food services and government.
Meanwhile, the unemployment rate fell back to the historic low 3 ½ percent.
The jobs survey was taken in the middle of February, before coronavirus concerns shook corporate America.
Many expect the March report will reflect the damage the virus has done on business activity.