U.S. adds a robust 311,000 jobs despite Fed’s rate hikes

Associated Press

03/10/2023

Jobs Report — AMERICA'S EMPLOYERS added a substantial 311,000 jobs in February, fewer than January’s huge gain but easily enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation. The unemployment rate rose to 3.6% from a 53-year low of 3.4%, as more Americans began searching for work but not all found jobs. / ASSOCIATED PRESS FILE PHOTO / NAM Y. HUH

WASHINGTON (AP) – America's employers added a substantial 311,000 jobs in February, fewer than January's huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation. The unemployment rate rose to 3.6% from a 53-year low of 3.4%, as more Americans began searching for work and not…

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