NEWS

U.S. Economy Shows Decrease In Jobs Number

The U.S. economy gave birth to its lowest number in February, well below forecasts.

Just 20,000 new jobs were added last month against expectations of a 180,000 increase.

It is the lowest growth in non-farm payrolls since September 2017 when employment was affected by hurricanes Harvey and Irma.

At the same time, the nation’s unemployment rate fell to 3.8 percent, according to data released by the Labor Department.

Additionally, the average hourly pay for workers rose 3.4 percent from a year earlier, to $27.66 from $26.75.

Yvad billings, Readers Bureau, Fellow

Edited by Jesus Chan

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