February Jobs Report Comes in Huge: Trump Adds 313,000 Jobs

by
March 9, 2018

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The American economy added 313,000 jobs in February and the unemployment rate held steady at 4.1 percent.

Economists had expected 200,000 additions to nonfarm payrolls, with the unemployment rate falling to 4.0 percent.
Construction jobs expanded by 61,000 new positions. Retails and business services added 50,000 jobs each.

Manufacturing had a strong month, adding 31,000 jobs. Finance added 28,000. Healthcare expanded by 19,000 jobs. Mining grew by 9,000 jobs.

Other fields, including hospitality and technology, were unchanged.

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