Total nonfarm payroll employment increased by 242,000 in February, and the unemployment rate was unchanged at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining.
Household Survey Data
In February, the unemployment rate held at 4.9 percent, and the number of unemployed persons, at
7.8 million, was unchanged. Over the year, the unemployment rate and the number of unemployed
persons were down by 0.6 percentage point and 831,000, respectively.
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