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U.S. Economy Adds 313,000 Jobs in February as Wage Growth Moderates

March 9, 2018

Via: TheStreet

Toot that horn, Trump.

The U.S. economy added 313,000 jobs in February, well above expectations, while wage growth moderated to 2.6%.

Economists had expected growth in nonfarm payrolls of 200,000, based on a survey by data provider FactSet.

The wage increase was below economists’ forecasts for a 2.8% gain over the past 12 months. The unemployment rate held at a 17-year low of 4.1% for the fifth straight month; economists had expected the rate to drop to 4%.

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