US economy smashes estimates, adds 273,000 jobs in February amid coronavirus outbreak
That was compared with 225,000 in January, exceeded economist forecasts calling for 165,000.
Average hourly earnings rose 3% from a year earlier, far below the peaks seen in early 2019. While wage growth has continued to outpace inflation, it has held below the pace economists would hope for with historically strong employment levels. While international efforts to contain the respiratory illness have upended global supply chains and broader business activity, those impacts were not expected to be fully reflected in the February employment report.
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