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US employers add 273,000 jobs; unemployment drops to 3.5%

from By Seth Sandronsky

In February, total U.S. nonfarm payroll jobs increased by 273,000 after January's growth of 225,000, while the unemployment rate dipped to 3.5% from 3.6% the previous month, according to the Bureau of Labor Statistics. The jobless rate has been 3.5% or 3.6% since September. In February, nearly all major groups of workers had scant change in the rate of employment versus January's figures. Meanwhile, wage growth remained rather tepid. more

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