Economy

Here’s where the jobs are for February 2021 — in one chart

0


The number of jobs added to U.S. payrolls in February blew past expectations thanks to a sharp rebound in restaurant and food service hiring that had swooned throughout the winter.

The Labor Department reported Friday that total nonfarm payroll employment rose by 379,000 in February 2021 as businesses in the leisure and hospitality sector hired workers in droves. The unemployment rate edged down to 6.2%.

The increase in total payroll employment was better than the net gain of 210,000 that economists surveyed by Dow Jones had forecast.

CNBC studied the net changes by industry for February jobs based on data contained in the employment report.

The battered leisure and hospitality sector, which…



Source cnbc.com

Robinhood chooses the Nasdaq for its IPO, sources say

Previous article

Detroit mayor rejects initial J&J vaccine shipment, calls Pfizer, Moderna ‘the best’

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Economy