2min chapter

Bloomberg Businessweek cover image

US Jobless Rate Hits Two-Year High Even as Hiring Stays Strong

Bloomberg Businessweek

CHAPTER

Introduction

Despite strong hiring, the U.S. jobless rate reached a two-year high in February, indicating a cooling but resilient labor market with mixed data points. Analysis includes details on non-farm payrolls, downward revisions, rising unemployment rate, and slowed wage gains.

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