© Reuters
Investing.com — The U.S. economy added more jobs than expected last month, pointing to ongoing solidity in the labor market that could impact how the Federal Reserve approaches potential interest rate cuts this year.
Nonfarm payrolls rose by 275,000 in February, increasing from a downwardly revised total of 229,000 in January, according to data from the Labor Department’s Bureau of Labor Statistics. Economists had called for a reading of 198,000.
This is a developing story. Please check back later for updates.
Source: Investing.com