The drop followed an 11.2% gain the previous month
The unemployment rate remained at 3.8%
Housing starts slumped to 8.7% in February
Gain illustrates job market’s durability during decade-long expansion
U.S. employers went on a hiring binge in February, adding 313,000 jobs, the most in any month since July 2016, and drawing hundreds of thousands of people into the job market. The Labor Department said wage gains, meanwhile, fell from January to 2.6% year-over-year. Strong hourly wage growth had spooked markets last month because it […]
Weakness in housing and manufacturing
Wider trade gap as imports surge
Unemployment rate holds at 9.7%