CNBC: Job growth surges in February on hiring jump in restaurants and bars
Nonfarm payrolls were expected to increase by 210,000 in February, while the unemployment rate held steady at 6.3%.
These better-than-expected numbers are due to re-openings, especially in retail and restaurants. Experts expect this may be the beginning of a trend.
BREAKING: The economy added 379k jobs in February and the unemployment rate fell to 6.2%: pic.twitter.com/NMZiOEQpRy
— Squawk Box (@SquawkCNBC) March 5, 2021