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U.S. added 311,000 jobs in February as hiring remained strong

U.S. added 311,000 jobs in February as hiring remained strong

CBSN
Friday, March 10, 2023 01:42:13 PM UTC

Employers across the U.S. added 311,000 jobs in February, a sign the labor market remains solid even as the Federal Reserve tries to slow economic growth. 

The figure, released Friday by the Department of Labor, was higher than economists' expectations that employers had added about 228,000 jobs last month, according to financial data company FactSet. 

That marks a decline from January's unexpectedly strong hiring, when employers added 517,000 jobs, or more than twice the number that economists had expected.

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