U.S. Adds 275k Jobs For February 2024 in Growing Labor Market

[Webster]

(The Guardian) US adds 275,000 jobs in February as labor market continues to grow
Employers added 275,000 jobs across the US last month, as the labor market continues to grow at a clip in the face of the high interest rates.

Job growth exceeded expectations of 200,000 on Wall Street in February and rose from the previous month’s revised rate of 229,000. Unemployment stood at 3.9%, according to data released on Friday morning by the Bureau of Labor Statistics (BLS), a 0.2% increase compared to January.

Industries that saw an increase in jobs include healthcare, government employment and food services and drinking places.

 

[NeoMetallix]

Let's see what it is next month when it is revised down. January was revised down 124k.

The BLS reports that in February 2024, the US had 132.9 million full-time jobs and 27.9 million part-time jobs. When you look back one year and find that in February 2023 the US had 133.2 million full-time jobs, or more than it does one year later! All the job growth since then has been in part-time jobs, which have increased by 921K since February 2023.

 

[Duskpire]

Not gonna make a lick of difference if things keep inflating.

 

[Nebulous's iconNebulous]

Let's see what it is next month when it is revised down. January was revised down 124k.

The BLS reports that in February 2024, the US had 132.9 million full-time jobs and 27.9 million part-time jobs. When you look back one year and find that in February 2023 the US had 133.2 million full-time jobs, or more than it does one year later! All the job growth since then has been in part-time jobs, which have increased by 921K since February 2023.

Its next month now, how do the numbers look?

 

[NeoMetallix]

Its next month now, how do the numbers look?

I haven't paid attention to February's specifically but if you look at last year, the job market was over stated by 800k jobs!!

 

[Nebulous's iconNebulous]

I haven't paid attention to February's specifically but if you look at last year, the job market was over stated by 800k jobs!!

Wow, thats a big exaggeration!