US non-farm payroll employment rose 275k in February, above expectation of 200k. However, January’s figure was revised sharply lower from 353k to 229k. Unemployment rate jumped from 3.7% to 3.9%, above expectation of being unchanged at 3.7%. Labor force participation rate was unchanged at 62.5% for the third consecutive month. Average hourly earnings rose 0.1% […]
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