Author Topic: US added only 20,000 jobs last month — fewest since September 2017  (Read 903 times)

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Offline Applewood

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US added only 20,000 jobs last month — fewest since September 2017

Quote
New York (CNN Business) The US economy added only 20,000 jobs in February, a surprisingly low number that bucked the trend of huge jobs gains in recent months.

That was the fewest jobs gained in a month since September 2017.

The unemployment rate fell to 3.8%, as fewer unemployed people were looking for work. The Labor Department suggested that furloughed workers returning to work after the government shutdown also contributed to the lower unemployment rate.

https://amp.cnn.com/cnn/2019/03/08/economy/jobs-report-february/index.html

Offline Fishrrman

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"The unemployment rate fell to 3.8%, as fewer unemployed people were looking for work."

You can't "add more jobs" when almost everyone who wants to be working... IS working.