Payroll employment up by 151,000
According to the Bureau of Labor Statistics, payroll employment rose by 151,000 in February, and the unemployment rate stayed at 4.1%. It should be noted that this data shows events up to February 12 and does not reflect the federal layoffs; those data will start to show from next month. There is a glimpse of that in the 1.2 million full-time jobs lost in the current data.
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(Original air-date: 3/7/25)