PARIS, March 8 (Reuters) – The American economy created more jobs than expected in February, shows the monthly report from the Labor Department published on Friday.
This report lists 275,000 non-agricultural jobs created last month in the United States, compared to 229,000 (revised from 353,000) in January, while economists polled by Reuters forecast an average of only 200,000.
The unemployment rate rose to 3.9% in February compared to 3.7% the previous month. The Reuters forecast was also 3.7%.
The increase in average hourly wages slowed to 0.1% in February, after +0.6% in January, against a consensus of +0.3%. On an annual basis, its progression reached 4.3% after +4.5% the previous month and a consensus of 4.4%. (Written by Claude Chendjou, edited by Jean-Stéphane Brosse)
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