Comment on US economy adds just 20,000 jobs in February, well below expectations

US economy adds just 20,000 jobs in February, well below expectations

The United States added just 20,000 jobs in February, significantly below expectations of a 180,000 gain, and a sign that the job market might be beginning to cool. The unemployment rate fell slightly to 3.8 percent, the Labor Department reported Friday. Economists did not immediately panic as hiring has been strong in recent months and they do not see one weak number as a signal of an imminent recession.

 

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