According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 275k, in February 2024. The unemployment rate rose by 0.2 percentage point to 3.9% in February, with the number of unemployed people increasing by 334k,to 6.5 million. Once again, employment in the government sector continued its rise adding 52k jobs in February.
Click here to read the full report at the Bureau of Labor Statistics.