U.S. Employers Added 678,000 Jobs In February

The latest job report reveals that 678,000 jobs were added in February, reducing the unemployment rate to 3.8%. This exceeded economists' expectations and improved upon January's report. The positive report is a potential boost for President Biden, who faces low approval ratings partly due to economic concerns. However, the ongoing war in Ukraine poses uncertainties for the global economy, which could indirectly affect the U.S. labor market in the future.

How many jobs were added to the economy in February according to the latest report?

• 678,000

• 467,000

• 475,000

• 400,000

What was the unemployment rate in February as reported?

• 4.0%

• 3.8%

• 4.2%

• 3.5%

Why might President Biden celebrate the February economic report?

• It shows a decrease in inflation.

• It indicates a stable labor market.

• It suggests a decrease in energy prices.

• It reflects a high approval rating.

What is one reason for President Biden's low approval rating mentioned in the report?

• Handling of the economy

• Management of healthcare

• Handling of foreign policy

• Education reforms

What potential global economic impact is mentioned in relation to the war in Ukraine?

• Growth in the US labor market

• Recession in Europe

• Decrease in energy prices

• Increase in global trade