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Published on Friday, March 4, 2016 | Updated on Friday, March 4, 2016

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U.S. | Payrolls Grow, Participation Rate Up in February

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Summary

Nonfarm payrolls rose more than market consensus, up 242K. Unemployment rate remained constant at 4.9%, while the participation rate rose to 62.9%. Average weekly hours decreased, likely due to an increase in part-time employment in service industries

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