U.S. Economy Added 379k Jobs in February

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The econ­o­my added 379,000 jobs in Feb­ru­ary and unem­ploy­ment ticked down to 6.2%, the Bureau of Labor Sta­tis­tics report­ed Fri­day, as the pan­dem­ic reced­ed and com­merce revived faster than projected.
Fore­cast­ers had antic­i­pat­ed few­er than 200,000 new non­farm pay­roll jobs.
“In the com­ing weeks and months, as weath­er improves across the coun­try, busi­ness­es wel­come back more cus­tomers, and more vac­ci­na­tions are admin­is­tered, we should see a more sub­stan­tial pick-up in hir­ing,” said Bankrate.com’s senior eco­nom­ic ana­lyst Mark Hamrick.
Friday’s report adds to the evi­dence that the econ­o­my is poised for strong bounce-back growth this year. Many house­holds are flush with savings …

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