2min chapter

Moody's Talks - Inside Economics cover image

Full Employment, Failing Banks

Moody's Talks - Inside Economics

CHAPTER

Employment Population Ratio Hits Back to 3.6

The unemployment rate ticked a little bit higher back up to 3.6% because labor force growth was very strong we added over 400,000 people to the labor force in February. Average hourly earnings was a little bit softer than I think we were expecting it to be given the strength of the labor market recently. Information was down again for the third month in a row, which you know, tech related layoffs obviously having an impact there.

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