US hiring surge last month pulls in flood of new workers
buy canada goose jacket cheap FILE In this Monday, Feb. On Friday, March 9, the Labor Department reports its job and wages data for February. (AP Photo/Seth Wenig, File)…………….. employers went on a hiring binge in February, adding 313,000 jobs, amid rising business confidence lifted by the Trump administration tax cuts and a resilient global economy. That kept the nation unemployment rate unchanged for a fifth straight month at 4.1 percent. buy canada goose jacket cheap
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The hiring boom caught many economists off guard, because they expected a smaller though still healthy increase. Job gains typically slow as the unemployment rate falls, because companies run out of workers to hire.
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