February jobs report: US labor market adds 151,000 jobs, unemployment rate ticks up to 4.1%

Published On Mar 7, 2025, 8:51 AM

The latest February jobs report revealed that the U.S. added 151,000 jobs, slightly below expectations of 160,000, while the unemployment rate increased from 4% to 4.1%. Wage growth has slowed, rising 4% from the previous year, down from 4.1% in January. Despite these mixed results, the economic outlook remains cautious, especially with discussions of potential interest rate cuts by the Federal Reserve. The report indicates a stable employment situation, as job gains fall within the range needed for economic stability, despite concerns over government job cuts and broader economic turbulence.