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The U.S. added 311,000 net new jobs in February and the unemployment rate rose to 3.6%. For the eleventh month in a row, U.S. job gains exceed market expectations. Wage growth was a mixed bag for the Fed’s upcoming interest rate decision on March 22. While the labor market is not flashing signs of a recession, the future of Fed action depends most on next week’s inflation report.
Job seeker recovery, complete
Something worth celebrating: The job seeker recovery is complete! The prime-age labor force participation rate – the share of 25 to 54 year olds employed or
