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Three-Letter Word: J – O – B – S

Nonfarm payrolls increase by 313,000 in February vs. 200,000 est.

The economy added 313,000 jobs in February, crushing expectations, while the unemployment rate remained at 4.1 percent, according to a Labor Department report Friday that could help quell inflation fears.

Economists surveyed by Reuters had been expecting nonfarm payroll growth of 200,000 and the unemployment rate to decline one-tenth of a percent to 4 percent.

An increase in the labor force participation rate to its highest level since September 2017 helped keep the headline unemployment number steady, as the number of those counted as not in the workforce tumbled by 653,000 to just over 95 million.

The total counted as “employed” in the household survey surged by 785,000 to a record 155.2 million…

Black unemployment falls to second-lowest level on record in February

Manufacturing Jobs Up 31,000 in February; 263,000 Since Trump Took Office

Manufacturing in U.S. Expands at Fastest Pace Since May 2004

The Economy Is Looking Awfully Strong: Blockbuster job growth in February suggests this economy, already nine years into expansion, may yet have room to run.

Some Steel and Aluminum Makers to Restart Plant Operations Amid Tariff Plans: U.S. Steel and Century plan to fire up idle furnaces and increase their workforces

Republic Steel partnership to restart idled blast furnace

MORE:

Science Alert: This Messy 1973 Job Application by Steve Jobs Is Proof Anything Is Possible – Think different.

Tech companies should stop pretending AI won’t destroy jobs: No matter what anyone tells you, we’re not ready for the massive societal upheavals on the way.

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