NDT Blog

U.S. added 235,000 jobs in February; unemployment rate dropped to 4.7 percent.

Posted on March 13, 2017

The unemployment rate ticked down to 4.7 percent, compared with 4.8 percent in January, and wages rose by 6 cents to $26.09 in February, after a 5-cent increase the month before.

“It’s definitely a solid report,” said Tara Sinclair, an economist at George Washington University. “This is the kind of number that the Federal Reserve was looking to receive before their meetings next week.”

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