U.S. | Payrolls Grow, Participation Rate Up in February
Published on Friday, March 4, 2016 | Updated on Friday, March 4, 2016
U.S. | Payrolls Grow, Participation Rate Up in February
Summary
Nonfarm payrolls rose more than market consensus, up 242K. Unemployment rate remained constant at 4.9%, while the participation rate rose to 62.9%. Average weekly hours decreased, likely due to an increase in part-time employment in service industries
Geographies
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- Global
Topics
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- Macroeconomic Analysis
Authors
Filip Blazheski