February 2022

February 2022

March 17, 2022

Employment rose a seasonally adjusted 77.4k in February, more than double the 37.5k expected by the markets. This was the fourth consecutive gain and took employment to a fresh record high.

The unemployment rate declined 0.2 ppts to 4.0%, the lowest since 2008 which was the only other time unemployment has been down at these levels since the early 1970s.

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