Via Free Beacon:

In the strongest showing since July 2016, the unemployment rate in the United States remained low in February as U.S. employers added 313,000 jobs to the economy.

The February hiring increase kept the unemployment rate steady at 4.1 percent, where it has remained since October 2017, the Chicago Tribune reported.

Hourly wage growth, meanwhile, grew by 0.1 percent, a decrease from January, when it grew 0.3 percent.

The news comes on the heels of reports that U.S. consumers have also enjoyed the largest surge in disposable income since 2015.

“I love it,” Ellen Zetner, chief United States economist at Morgan Stanley, told the New York Times. “We saw a flood of job seekers into the market. We were able to create enough jobs to accommodate new seekers and keep the unemployment rate steady.”

Keep reading…

13 Shares