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Job Market Shifts Affect Women Differently

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The unemployment rate for women ticked up in February, according to data from the U.S. Bureau of Labor Statistics.

The U.S. economy added higher-than-expected 275,000 jobs in February, but the unemployment rate ticked up to 3.9 percent, the highest level since January 2022, on the back of a jump in returning workers to the labor market.Adult women saw their unemployment rate jump slightly to 3.5 percent, while adult men fell to 3.5 percent, according to data from the U.S. Bureau of Labor Statistics.Adult white women saw their unemployment rate tick up to 3.2 percent from 2.

But the February employment readings pointed to 'mixed signals from the labor market,' she added.'Beneath the strong headline print, prior estimates of job growth in December and January were revised down by a cumulative 167,000 jobs, the unemployment rate rose to a two-year high of 3.9 percent and wage momentum cooled,' Boussour said.What job numbers mean for borrowing costsThe U.S.

 

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