Contact Us

US Adds 235K Jobs, Unemployment Rate Falls To 4.7 Pct.

Weekly Unemployment Claims Rise Higher Than Expected
Photo by David McNew/Getty Images

WASHINGTON (AP) — U.S. employers added a robust 235,000 jobs in February and wages rose at a healthy clip, a sign the economy remains on solid footing after nearly eight years of recovery.

The Labor Department says the unemployment rate fell to a low 4.7 percent from 4.8 percent. More Americans launched job searches, lifting the proportion of Americans working or looking for work to the highest level in nearly a year.

The healthy job growth, decent pay gains and falling unemployment rate will make the Federal Reserve even more likely to raise short-term rates when it meets next week.

The job gains were boosted by 58,000 new construction jobs, the most in nearly a decade. That figure was likely boosted by unseasonably warm weather in much of the nation.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Best of KPEL 96.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://kpel965.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for News Junkies quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive News Junkies contests, events, coupons, presales, and much more delivered to you for FREE.