The US economy added 311,000 jobs in February, outpacing expectations | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 95%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The US economy added 311,000 jobs in February, down from January's blockbuster total. The unemployment rate increased to 3.6%.

The US economy added 311,000 jobs in February, according to the Labor Department’s closely watched monthly employment snapshot, released Friday. That’s a pullback from the blockbuster January jobs report, when a revised 504,000 positions were added, but shows the labor market is still emitting plenty of heat. The unemployment rate ticked up to 3.6% from 3.4%. Economists were expecting a net gain of 205,000 jobs for February and an unemployment rate of 3.4%, according to Refinitiv.

” The Federal Reserve has been battling for almost a year to slow the economy and crush the highest inflation in 40 years, but the labor market continues to defy those efforts. Industries with notable job gains included leisure and hospitality, retail trade, government and health care. After being crushed during the pandemic, the leisure and hospitality has been steadily adding back employees and trying to meet increased demand from consumers shifting their spending from goods to services.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🤣🤣

People are stressed out, overworked. Not enough money

You make it seem like all is well in America. Why don't you dig into the real facts how the Democrats have hurt the American people. Your news is not credible, dishonest, very bias, and you slant the news. People cannot get the real stories or the truth from CNN.

'Great'!!!!

Erosion of purchasing power of money, as well as rise in value of goods & services, which means an increase in cost of living. In this case consumer price index which measures inflation rates its primary function is to follow price movements to determine extent of average person

Erosion of purchasing power of money, as well as rise in value of goods & services, which means an increase in cost of living. In this case consumer price index which measures inflation rates its primary function is to follow price movements to determine extent of average person

DEPORTED back to South Africa after six years in Scotland. Don't drink alcohol don't take drugs. Grand parents From BRITAIN. Uneployment 14 million people in South Africa. Trades man. Now homeless in South Africa. No food banks. 🇿🇦🇬🇧 Home office Croydon London to blame.

no jobs added people ran out of unemployment insurance and have to take hand outs ,you always hide the truth , get rid of free benefits to all the senators and congressmen, thief's with open check book

Glasgow city Mission Cristian based. Refused me hot meal in winter.vslept rough. Don't drink alcohol don't take drugs. Susan Tulley said go back. 22 staff dislikes foreigners. Grand parents From BRITAIN. Don't claim benefits. 6 nights no food. 1:5 million pounds a year.

That's a lie. Companies laying off hundreds of thousands. banks crashing, mkt crashing, auto industry broken, border heinous, USA broken Thanks to Biden & Co.

Transitory Yellen

How many illegal immigrants replaced American Citizens job's?

US economy have rebounded in a big way by adding 311 K jobs.its a strong recovery.congratulations USA

Can we sue/hold news outlets for withholding, misinforming, lying on the state of the economy and national security? Because CNN is 100% culpable for misinformation, as our economy is in the toilet.

Very good

Economy is in RECESSION.

Not a single word or statistic issued by any government Department can be believed. ✔️

At this rate, everyone has three jobs by September!

Inflation got foods expiring on the shelves forget about the gas prices 🤦

It’s not job growth when you’re the reason jobs were destroyed

I have a terrorist situation and I Need help,they are right now begging for help,773 747 9684

The stay at home moms who a few years ago could stay home without a problem now have to go back to work to survive. This is the reality. It’s about to get bad.

Quit spreading bs. They are NOT NEW JOBS

Reckless, unchecked Liberal spending.

Yep POTUS they GOP are obstructionist seditionist and traitors

U wish u have ruined this country

What recovery? Seriously.

The Fed spent +$2.5-3 T over 2019 20-23. Biden wants more? Wake up! 👉inflation crushing US! Trgt 2% CPI Jan 23+6.5% vs Jan 22 CPI Jan 22 +7.5% vs Jan 21 👉real wages down last 22 months 👉national debt & interest on debt surging. 👉rent & food prices surging

Breaking news. From sky fork. Joe Biden. Hillary Clinton. Chuck Schumer. And Michelle Obama. Are having a high-level meeting. In a porta potty. On West Manhattan. More details as they come in🫵🏼

I was told by reliable sources we’ve already seen an incredible recovery.

What he really meant to say was, his Saul Alinsky rules for radical plans are working.

Ditto

Ever going to call out that he didn’t reduce the deficit by 1.7 trillion, and is going to reduce it by 3 trillion more ? This is deceptive boasting and completely false. 2 years the deficit increased and will certainly add to the deficit with his eco plan! C‘mon Man!

Biden is the biggest threat on this planet to any peace or recovery of economies

And now the fed will jack up rates and ultimately all these job will be lost.

He coughed to get through the lies. Whispers because he thinks we’re one of his children. 🤮

🤡🤡🤡🐷🐷🐷

Now he needs to work on getting gas prices to Trump era levels. $1.89

He created 11000 yes he said it 11000 jobs

oh yeah because you're not the President or anything

Reckless talking!! What a word from the president. When your budgets are high and the people in charge talk about it, it's now reckless talking.

The biggest threat to our recovery is Joe Biden (or his handlers). Like Obama said, Give Joe a chance and he’ll fuck things up.

Tell that to a middle-class person in California making $90,000 a year who is being crushed by the presidents plan which is causing continued high inflation.

I wish I could look out and really see how many people are buying this garbage.

Freedom from jail and hell

Ahem... 'Oh what a tangled web we weave when first we choose to deceive...' Now... For the rest of the story. ;~)

I thought they dumped Lemon ?

Added😂 none of these are new jobs..

ChristineRomans crampell RahelSolomonCNN federalreserve It just sounds like a systemic way to make sure the middle class doesn't get ahead. Corps have ctrl of high prices causing inflation. It's political leverage to keep their low taxes & not pay a $ more. joebiden ewarren

And then with all these store closing there won't be enough again.

That doesn’t make sense.

Great News! There are so many who lost their jobs and homes,and the prices of everything are ridiculous

300k is a big number

Yet here I am unemployed. I’m either overly qualified or not qualified enough to get a decent paying job. Unfortunately I cannot pay my bills at $15 an hour.

Cool. What's the mean wage of those jobs?

The biased lopsided job report fails to mention all the business closings and the loss of wage earners due to Biden's mishandling of covid estimated at more than 30 million which does not include those who suffer pay cuts.

I want to see names of corporations, local businesses, legitimate positions because this is bullshit.

The economy is so great, there’s a brand new Dollar Store in every town……🥴

Ahead of the 225k expected…this is a great number for our economic strength as a country

A man will do two works

Powell will accelerate rate increases

more added jobs and higher unemployment rate 🤷‍♀️

CNN Tweeter choosing to tweet negative 'down from January' & 'unemployment rate increased'. Shouldn't the tweet reflect what the video is saying? If you don't watch the video you would think it's all negative.

'People hearing from friends and are looking for jobs. So that's a good sign.' What 🤡 take. No, those 400k who came into the market looking for jobs, didn't plan on doing but now have to due to inflation, interest hikes etc. Mainstream media brainwashing is truly undefeated.

This is fake also under Trump it was 4%

Ck if number of Covid long haulers is creeping up.

That's not even enough to keep up with the number of people posting their resumes on LinkedIn.

Lol. Yesterday y’all were going on about a “recession killing jobs soon”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines