The February Jobs Reports were released this morning, Friday, March 4. The economy added 242,000 new jobs, a larger number than expected, while the unemployment rate stayed the same at 4.9%.
March 2016 reports will be released Friday morning, April 1st. Check HERE after 9 a.m. EDT.
The number of jobs added was about 50,000 MORE than the expected by the various pundits. We have continued to break records in the streak of months of consecutive job growth, both in the total number of jobs and in the number of private jobs. We now have 72 months of consecutive PRIVATE sector job growth (since Feburary 2010) and 65 months of consecutive TOTAL jobs growth (since September 2010).
Remember that jobs numbers are seasonally adjusted.