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February jobs report shows continued hiring trend

The February jobs report shows the economy added 143,000 jobs, continuing a hiring trend but falling short of analysts' expectations.
Unemployment decreased to four percent in January, remaining a record-setting low of 4.2% or less since November 2021.
Inflation peaked in 2022 at over 9% before falling to about 3%, still above the Federal Reserve's goal of 2%.
Treasury Secretary Scott Bessent stated the Trump administration wants to influence long-term interest rates while the Fed focuses on short-term rates.

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February jobs report shows continued hiring trend

The February jobs report reveals the economy added 143,000 jobs, continuing a hiring trend but falling short of analysts' expectations.

15 days ago·Louisville, United States

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KCRA 3 broke the news in Sacramento, United States 15 days ago on Friday, February 7, 2025.

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