US Nonfarm Payrolls Post Largest Gain in One-and-a-Half Years

Labor News

Reuters Monica Almeida</e.

Reprinted from The New York Times by Reuters on March 9, 2018.

US job growth surged in February, recording its biggest increase in more than 1-1/2 years, but a slowdown in wage gains pointed to a gradual increase in inflation this year.

Nonfarm payrolls jumped by 313,000 jobs last month, above expectations of 200,000. The year-on-year increase in average hourly earnings dipped to 2.6 percent from 2.8 percent in January.

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NY Times 3/9

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About Jeffrey Burman 5304 Articles
Jeff Burman served on the Guild’s Board of Directors from 1992 to 2019. He is now retired. He can be reached at jeffrey.s.burman.57@gmail.com.

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