Economy adds 379K jobs in first report of Biden presidency
| The economy added a whopping 379,000 jobs in February, a major improvement from the 49,000 jobs added the previous month, and over double the 175,000 economists expected.
The unemployment rate fell to 6.2 percent from 6.3 percent last month, and the number of unemployed people remained similar at 10 million. The latest jobs data — covering the first full months of the Biden presidency — points to early signs of improvement for an economy still struggling to dig itself out of a deep hole. |
