Takeaways from the February jobs report | CNN Business

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The US economy added 311,000 jobs in February with the leisure and hospitality sector seeing the most gains.

February’s jobs report had a little something for everyone. For workers, there were jobs; for employers, there were workers filling shortfalls caused by the pandemic; for the Federal Reserve, there were indications that the labor market was loosening and wage pressures were easing. Then again, the total of 311,000 net jobs added was significantly higher than expectations of 205,000, and the unemployment rate surprisingly grew to 3.6%.

That increase was in part due to more people reentering the workforce and joining the ranks of the unemployed, which the BLS classifies as people without jobs actively searching for work. February’s employment report showed a 0.1 percentage point increase in the labor force participation rate to 62.5% — the highest it’s been since April 2020. The average workweek ticked down to 34.5 hours from a revised 34.

 

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The number of unemployed people increased by 242 thousand to 5.94 million and employment levels rose by 177 thousand to 160.32 million. Stats for February.

Liberty

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🙄 Clown News Network

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BULLSHIT IT'S STILL PEOPLE RETURNING TO WORK FROM THE COVD BULLSHIT

Can't wait to see the inflation numbers go up, these job numbers while liberals are spinning them as good is terrible for the economy. The Federal Reserve will now surely raise interest rates for the forceable future, the question is will it be .50 or .75 basis points

But they failed to manage borders and reduce crimes .

When are y'all going to ask Biden about his quid pro quo deals with China, Ukraine & Russia. I think it's an important question. For the life of me, I can't figure out what happened to CNN. You stopped reporting the news & joined the culture wars, against me. I didn't do anything…

Hope a lot of these people on Twitter Read this cuz most of them in my Twitter circle are unemployed

CCP virus 🦠 rehires.

Not sure what this lady is so happy about. The jobs are insecure, without pensions or healthcare. Seems this CNN lady does not know what a job means. Gig jobs are akin to slavery/serfdom.

That's positions, not actual jobs people took. Sooo this means nothing. We have record low job participation.

Trump had a better jobs report prior the pandemic which forced a lockdown .... Biden has not created new job those who lost there job due to covid are returning back to work Watch CNN was touting Trumps job performance as the best since 1969

Government propaganda news says what ?

Yet Biden and the Dems allowed SVB to collapse.

according to the public relations branch of the biden administration - CNN. is your viewership in single digits yet?

Fake corrupt media 🤥

LIE

So jobs shut down during Covid are coming “back”! Nice try tho

MBuhari 😂😂😂 scattering jobs

Don't blame Donnie Yen again

Doing so well that SVB collapsed

And Joe created a global inflation by sponsoring a proxy war in Ukraine. It's a legendary achievement

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Majority of the jobs added are low tier jobs that do not add much in the way of gaining income. This is mostly due to the fact that inflation is forcing people to take more than one low tier job.

Every 6 hours CNN tweets another lie .. elonmusk we know you own Twitter, what can we do about CNN's View? The

Basically gardening, cleaning crew, and waiters/waitress jobs.

Democrats have a dilemma. Dems can: 1) claim they’re bringing down the inflation they caused which requires LESS job growth. Or 2) Tout job growth which exacerbates inflation. LOL!

People are starving, petrol prices are unaffordable, crimes over the roof, banks are collapsing and it is all on you. you are the ones who brought the corrupt marxists to power. They are stealing and dividing the society along ethnic and socioeconomic statues

Service jobs are the future .. why? Many old people with monies ?

CNN putting dog whistles in their links now.

When u destroy economy. Everything is a possitive🙄

How many tech layoffs were there?

Interest rates are still too low.

CNN trying to show Biden is champion 🏆 of economy and there is no inflation or no change of recession

And Nigeria economy has crumbled all jobs 🙄

Paid survey & earn money

Minimum wage jobs that don't pay a living wage.

FAKE NEWS

I guess you guys missed the part about the economy collapsing.

When the government funds run out they have to work and contribute. Why’s that surprising?

No thanks to CNN...

It means that everyone goes to the hotel to carry dishes.

CriminalNewsNetwork!

We're all living high on the hog.

Trump had better jobs report than biden prior to the covid lockdown .... Under Biden people are just returning back to works after losing the job due to covid .... Even CNN was touting Trumps jobs success as the lowest since 1969

Home Depot co-founder torches ‘woke’ Silicon Valley Bank collapse, warns recession may be here already Ex-Home Depot CEO rips ‘woke’ companies for prioritizing ‘diversity’ and ‘social policies’: Bernie Marcus

So restaurants and hotels? Great jobs if you like minimum wage and grease.

And it’s still a shame that inflation is the highest it’s been in decades

Would you let the US be run by terrorists?,the level of lawlessness needs to be reported for the world to see that our leaders are driving us crazy,so when we hit the streets to protest and they come to shoot at us again, we will be vindicated

to bad bag of Doritos are 10 bucks

Well, that addresses the main problem folks; leisure and hospitality during a period of increasing inflation, higher UNemployment, lower market indexes, higher energy costs and a rising crime rate will tank…other problems will surface, be ready.

The drop out rate in the workforce is at historically high rates. Report on that!

“Added” or seasonal people back to work ?

Compare all of these “gains” and news to what is was just before the pandemic. I bet you won’t because it will reveal you are blowing smoke up our butts.

Yeah we've heard this before

fix the supply chain and inflation will go down...

Dangerous.. General Haftar is putting pressure on the Libyan Parliament and the Libyan government to grant salaries, ranks and military numbers to the Egyptian elements who work with his forces.

Where are these great jobs Burger King

Still 100,000 less jobs than we had prepandemic.

More jobs are created in the Biden administration when they’re trying not to than the Trump administration at boom time.

Ironic timing…read the room!

Conservatives are fcking pissed

and this is considered bad news

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What to expect from the February jobs report | CNN BusinessJanuary's jobs report delivered a heck of a surprise when it showed the US economy had added more than half a million jobs and unemployment had dipped to a level not seen in more than five decades. Did they count the millions of homeless aliens pouring through our open border? Where do they work? 🤔 dems misinformation news Crash and burn is what to expect. No secret the economy is a disaster. ~ a report on jobs?
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The US economy added 311,000 jobs in February, outpacing expectations | CNN BusinessThe US economy added 311,000 jobs in February, according to the Labor Department's closely watched monthly employment snapshot, released Friday. Lol. Yesterday y’all were going on about a “recession killing jobs soon” Ck if number of Covid long haulers is creeping up. That's not even enough to keep up with the number of people posting their resumes on LinkedIn.
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