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February Sees 275,000 U.S. Job Additions, Yet Unemployment Climbs to 3.9%

Sector-Wise Employment Gains

Significant job growth was observed in various sectors:

  • Health Care: Leading the growth with 67,000 new jobs.
  • Government: Added 52,000 jobs, aligning with the 12-month average.
  • Food Services and Drinking Places: Increased by 42,000 jobs.
  • Social Assistance: Grew by 24,000 jobs.
  • Transportation and Warehousing: Saw an increase of 20,000 jobs.

Average Hourly Earnings and Workweek

Average hourly earnings for all private nonfarm employees edged up by 5 cents to $34.57. This marginal increase indicates a slight deceleration from the previous year. The average workweek for all employees also saw a slight uptick, moving to 34.3 hours.

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