U.S. Adds 311,000 Jobs In February
MIAMI BEACH, FL – JULY 05: A ”Now Hiring” sign is seen in the store front window on July 5, 2012 in Miami Beach, Florida. The ADP released the National Employment Report which showed that employment in the U.S. nonfarm private business sector increased by 176,000 from May to June on a seasonally adjusted basis.The government will release its closely watched employment report for June on Friday. (Photo by Joe Raedle/Getty Images)
U.S. job growth remained strong in the month of February, according to the latest data from the Labor Department.
Overall, U.S. employers added 311,000 jobs last month, exceeding projections. The unemployment rate ticked up from 3.4% to 3.6%.
Hourly wages are also up, by 4.6% over one year ago.
