US Adds 311,000 Jobs in February, Topping Estimates

The video discusses the February job creation data, showing 311,000 jobs added according to the Bureau of Labor Statistics. Revisions to previous months' data indicate a decrease in non-farm payrolls for January and December. The unemployment rate unexpectedly rose to 3.6%, while average hourly earnings fell slightly. The labor force participation rate increased to 62.5%, and average weekly hours decreased, indicating mixed signals in the labor market.

How many jobs were created in February according to the Bureau of Labor Statistics?

• 113,000

• 500,000

• 34,000

• 311,000

What was the net revision for non-farm payrolls in January?

• Up by 50,000

• Down by 34,000

• Up by 20,000

• Down by 13,000

What unexpected change occurred in the unemployment rate?

• It decreased to 3.4%

• It increased to 3.6%

• It increased to 4.0%

• It remained at 3.5%

What was the labor force participation rate in the latest report?

• 60.4%

• 62.5%

• 63.0%

• 61.5%

What change was observed in the average weekly hours worked?

• Increased to 36.0

• Increased to 35.0

• Decreased to 34.5

• Remained at 34.7