![US Adds 235K Jobs, Unemployment Rate Falls To 4.7 Pct.](http://townsquare.media/site/29/files/2016/09/87228988.jpg?w=300&h=200&zc=1&s=0&a=t&q=89&w=980&q=75)
US Adds 235K Jobs, Unemployment Rate Falls To 4.7 Pct.
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 This material may not be published, broadcast, rewritten or redistributed.
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