February’s jobs report revealed steady but moderate growth, with the U.S. economy adding 151,000 jobs. While this marks an improvement from January, it still fell below expectations. The unemployment rate remained unchanged at 4.1%, with 7.1 million individuals unemployed. Job gains were led by healthcare, financial activities, transportation, and social assistance, while retail trade saw little movement and government employment declined. Wages continued to rise at a 4.0% year-over-year pace, reaching an average of $35.93 per hour. However, the increase in part-time workers highlights ongoing challenges in securing full-time roles.

Explore the full report to understand its impact on businesses and job seekers.