• US nonfarm payrolls increased by 235,000 in February, more than expected. Unemployment rate stable

Market news

10 March 2017

US nonfarm payrolls increased by 235,000 in February, more than expected. Unemployment rate stable

Total nonfarm payroll employment increased by 235,000 in February, and the unemployment rate was little changed at 4.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in construction,private educational services, manufacturing, health care, and mining.

The number of unemployed persons, at 7.5 million, changed little in February. The unemployment rate, at 4.7 percent, was little changed over the month but was down from 4.9 percent a year earlier.

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