Strong February NFP Report, However, Wages Slip

The Nonfarm payroll report showed that the US added 678,000 jobs to the economy in February.  This was versus an expectation of +400,000 and a higher revision to the January print to +481,000.  In addition, the Unemployment Rate fell to 3.8% from 4%.  This was primarily due to the increase in the Labor Participation Rate […]

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