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US added 379,000 jobs in February in hopeful sign of economic rebound

Factory jobs
Posted at 6:42 AM, Mar 05, 2021
and last updated 2021-03-05 08:42:29-05

WASHINGTON (AP) — U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.

The February gain marked a pickup from the 166,000 jobs added in January and a loss of 306,000 in December, but represents just a fraction of the 10 million jobs that were lost to the pandemic.

The unemployment rate fell to 6.2%, the Labor Department said Friday in its monthly jobs report.