U.S. Job Growth Moderates in February Amid Rising Unemployment Rate
U.S. Job Growth Moderates in February Amid Rising Unemployment Rate
The U.S. labor market exhibited signs of cooling in February 2025, with employers adding 151,000 jobs, a modest increase compared to previous months. This figure falls slightly below economists’ expectations, reflecting a potential deceleration in hiring as businesses navigate a complex economic landscape.
Unemployment Rate Edges Up
The unemployment rate ticked up to 4.1% from 4.0% in January, marking the first increase in several months. While the rise is marginal, it may indicate emerging challenges in the labor market that warrant close monitoring.
Sectoral Employment Trends
Employment gains were uneven across various sectors:
Professional and Business Services: This sector added 55,000 jobs, continuing its trend of robust growth. The sustained demand for professional expertise underscores the evolving needs of businesses in a competitive environment.
Healthcare and Social Assistance: An increase of 45,000 jobs was recorded in this sector, highlighting the ongoing expansion of healthcare services and the emphasis on public health initiatives.
Leisure and Hospitality: The sector saw a gain of 40,000 jobs, reflecting resilience amid challenges such as potential policy shifts affecting consumer confidence.
Manufacturing: Manufacturers added 30,000 jobs, signaling a steady demand for goods despite uncertainties in trade policies.
Construction: The construction industry grew by 25
