This morning's report from the Bureau of Labor statistics showed the U.S. economy created another 257,000 jobs last month, while the unemployment rate increased slightly to 5.7 percent, from 5.6 percent in January. Average hourly earnings for all workers also increased to $24.75, up from $24.57 in December.
In other good news, the jobs number from November 2014 was revised upwards from 353,000 to 423,000 — as was December, from 252,000 to 329,000.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
'No war is good'Today's Newspapers A roundup of the headlines from the US front pages
-
The Week Unwrapped: will the US end child marriage?Podcast Why some states have no lower limit on marriage age, plus Black maternal health and the price of olive oil
-
Perplexity AI: has Google finally met its match?In The Spotlight Generative AI start-up provides fast, Wikipedia-like responses to search queries
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
-
Disney and DeSantis reach detenteSpeed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
-
Visa and Mastercard agree to lower swipe feesSpeed Read The companies will cap the fees they charge businesses when customers use their credit cards
-
Reddit IPO values social media site at $6.4 billionSpeed Read The company makes its public debut on the New York Stock Exchange
-
Housing costs: the root of US economic malaise?speed read Many voters are troubled by the housing affordability crisis
-
Feds cap credit card late fees at $8speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
