U.S. Job Growth Crushes Expectations

“Job growth accelerated in February, posting its biggest monthly gain since July as the employment picture got closer to its pre-pandemic self,” CNBC reports.

“Nonfarm payrolls for the month grew by 678,000 and the unemployment rate was 3.8%… That compared to estimates of 440,000 for payrolls and 3.9% for the jobless rate.”