Unemployment rate drops to 3.8% as 20,000 jobs added in February
PeopleImages/iStock(WASHINGTON) — U.S. employers added just 20,000 jobs to their payrolls in February, the Labor Department reported Friday morning, a sharp drop from the 311,000 jobs added the previous month.
The Bureau of Labor Statistics said employment in professional and business services, health care and wholesale trade continued to rise while employment in construction went down.
The unemployment rate, meanwhile, decreased slightly from 3.9 percent to 3.8 percent.
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