Jobs Report: US Economy Adds 273k Jobs In February

March 8, 2020 By News Staff Business 0

MGN Image

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.

 



Make it easy to keep up to date with more stories like this. Download the WNY News Now mobile app on the Apple App Store and Google Play Store.

 

Have a news tip? Email newsdesk@WNYNewsNow.com, send us a message on Facebook, or Twitter.

WNY News Now encourages an open exchange of opinions and ideas on our stories, however, we ask everyone to follow our comment policy.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.