Skip to Content

Hiring was likely solid in February despite rising inflation

<i></i><br/>
KMIZ

By CHRISTOPHER RUGABER
AP Economics Writer

WASHINGTON (AP) — With omicron cases having eased, America’s employers likely added jobs at a robust pace in February, reflecting an economy that is generally healthy despite high inflation and new risks resulting from Russia’s war against Ukraine. Job growth is estimated to have reached 400,000 last month, with the unemployment rate dipping from 4% to 3.9%. Though that pace would fall below the average gain of the past three months of 541,000, it would still reflect solid hiring. A new batch of healthy jobs data would echo other recent reports that have shown an economy picking up as new COVID infections have plummeted since late January.

Article Topic Follows: AP National Business

Jump to comments ↓

associatedpress

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content