U.S. | Job Growth Strong as Nonfarm Payrolls Jump to 295K, Unemployment Drops to 5.5%

Summary

Employment growth continued its +200K run in February for the twelfth consecutive month. Nonfarm payrolls increased a massive 295K following a revised 239K in January. Expectations pointed to healthy growth for the month but nowhere near the actual figure, with adjustments expected to come from beginning-of-the-year volatility and weather-related disruptions

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