U.S. payroll gains plunge to 20,000 as wages top estimates

UNITED STATES nonfarm payrolls increased by 20,000 in February after an upwardly revised 311,000 gain one month prior. / BLOOMBERG NEWS FILE PHOTO/GABBY JONES
UNITED STATES nonfarm payrolls increased by 20,000 in February after an upwardly revised 311,000 gain one month prior. / BLOOMBERG NEWS FILE PHOTO/GABBY JONES
NEW YORK - United States hiring was the weakest in more than a year while wage gains were the fastest of the expansion and the unemployment rate fell, a possible sign that America’s jobs engine is starting to slow down. Treasuries rallied while the dollar and stock futures fell. Nonfarm payrolls increased by 20,000 in…

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