Comment on February Employment Report: Has the Economy Seen Its Shadow?

February Employment Report: Has the Economy Seen Its Shadow?

The Bureau of Labor Statistics’s (BLS) February employment report showed solid labor market growth. Employers added 236,000 net new jobs, and the unemployment rate dropped to 7.7 percent from 7.9 percent. However, the labor market is weaker than the headline numbers suggest. It remains unclear whether the labor market is improving.

 

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