Jobs and Hours Jump in February as Unemployment Falls to 3.8 Percent

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Private sector hours are back to pre-pandemic levels. The economy added 678,000 jobs in February, pushing the unemployment rate down to 3.8 percent. The jobs numbers for December and January were also revised up 92,000. This left the number of jobs in the economy 2,105,000 below the pre-pandemic level. Increase in Hours Likely Pushed Private More

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This content originally appeared on CounterPunch.org and was authored by Dean Baker.

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[1] Jobs and Hours Jump in February as Unemployment Falls to 3.8 Percent - CounterPunch.org ➤ https://www.counterpunch.org/2022/03/07/jobs-and-hours-jump-in-february-as-unemployment-falls-to-3-8-percent/[2] Jobs and Hours Jump in February as Unemployment Falls to 3.8 Percent - CounterPunch.org ➤ https://www.counterpunch.org/2022/03/07/jobs-and-hours-jump-in-february-as-unemployment-falls-to-3-8-percent/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/