U.S. job growth totaled 275,000 in February but unemployment rate rose to 3.9%
Publishing timestamp: 2024-03-08 10:47:50
Summary
Nonfarm payrolls increased by 275,000 in February, beating expectations, but the jobless rate moved higher to 3.9%. Wages rose slightly below estimates and the report is seen as mixed, likely keeping the Federal Reserve on track to cut interest rates later this year. Stocks rose following the news, but the market remains uncertain about the state of the broader economy.
Sentiment: MIXED
Tickers: US10Y,
Keywords: u.s. 10 year treasury, economy, markets, business news, unemployment, breaking news: markets, employment figures, breaking news, inflation, breaking news: economy, jerome powell,
Source: https://www.cnbc.com/2024/03/08/jobs-report-february-2024-us-job-growth-totaled-275000.html