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Job Market Bounced Back In February | Global News Avenue

Job Market Bounced Back In February

Key Points

  • U.S. employers added 151,000 jobs in February, up from 125,000 in January, but fewer than 170,000 jobs expected by forecasters, while the unemployment rate dropped to 4.1% from 4% of 4%.
  • The job market remains stable despite high interest rates to combat inflation, but new headwinds have raised concerns about a recession.
  • President Donald Trump’s massive layoffs are threatened by federal workers and an increasing number of untreated tariffs.

In January, the job market rebounded slightly in February, facing the headwinds of tariff talks and layoffs, it remained resilient but had no expectations.

U.S. employers added 151,000 jobs in February, up from 125,000 jobs revised in January, the Bureau of Labor Statistics said Friday. According to the median forecast by economists, below the median of 170,000. Dow Jones News and The Wall Street Journal.

Job growth has been slightly below the average of 164,000 per month in the past 12 months, with a significant slowdown in monthly job creation averages compared to the roaring job market in 2023. From 4% in January, the unemployment rate is as high as 4.1% compared to the unemployment rate above 4%, but remains low by historical standards.

The post-job pandemic surge has slowed down, but remains resilient despite the high Fed interest rates raising borrowing costs for various loans and is often pouring sand into economic equipment to combat high inflation.

President Donald Trump’s economic policies have been People’s fresh fears about possible downturns,Right now Large-scale layoffs of federal workers And uncertainty, uncertainty The threat of tariffs.

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