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Job Report in US, February 2020 – Total nonfarm payroll employment rose by a 273,000, well above consensus expectations

Total nonfarm payroll employment rose by 273,000 in February, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics
reported today. Notable job gains occurred in health care and social assistance, food services and drinking places, government, construction, professional and
technical services, and financial activities.

Household Survey Data

Both the unemployment rate, at 3.5 percent, and the number of unemployed persons,at 5.8 million, changed little in February. The unemployment rate has been either
3.5 percent or 3.6 percent for the past 6 months. (See table A-1.)

Chosen excerpts by Job Market Monitor. Read the whole story @ Employment Situation Summary

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