February Job Growth Jumps Above Expectations as Coronavirus Recovery Gains Steam

Fox News

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The U.S. economy added 379,000 jobs in February, evidence the labor market’s recovery is gaining steam nearly one year into the pandemic as coronavirus caseloads fall nationwide and many states ease restrictions on business activity.

The unemployment rate fell slightly to 6.2% — well below the April peak of 14.7% but about twice the pre-crisis level, the Labor Department said in its monthly payroll report released Friday.

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