275,000 new jobs in February. 25 straight months of unemployment below 4%, the longest stretch in over 50 years.
"Many Americans are exhibiting confidence in the economy through their actions. Consumers, whose average wages have outpaced inflation over the past year and who socked away money during the pandemic, have continued to spend and drive economic growth. The economy's gross domestic product - - the total output of goods and services - - grew by a solid 2.5% last year, up from 1.9% in 2022. And employers keep hiring."
apnews.com
"Many Americans are exhibiting confidence in the economy through their actions. Consumers, whose average wages have outpaced inflation over the past year and who socked away money during the pandemic, have continued to spend and drive economic growth. The economy's gross domestic product - - the total output of goods and services - - grew by a solid 2.5% last year, up from 1.9% in 2022. And employers keep hiring."
Another burst of hiring shows off the resilience of the US job market
U.S. employers added a surprisingly robust 275,000 jobs in February, a sign of continued economic strength.
apnews.com
