According to ‘The Employment Situation‘ report released by the U.S. Department of Labor’s Bureau of Labor Statistics, the unemployment rate in the United States declined to 3.8%. while the economy added 20,000 jobs, in February.
The unemployment rate declined by 0.2 percentage point to 3.8 percent in February, and the number of unemployed persons decreased by 300,000 to 6.2 million. This decline reflects, in part, the return of federal workers who were furloughed in January due to the partial government shutdown.
Among the major worker groups, the unemployment rates for adult men (3.5 percent), Whites (3.3 percent), and Hispanics (4.3 percent) decreased in February. The jobless rates for adult women (3.4 percent), teenagers (13.4 percent), Blacks (7.0 percent), and Asians (3.1 percent) showed little or no change over the month.
The change in total nonfarm payroll employment for December was revised up from 222,000 to 227,000, and the change for January was revised up from 304,000 to 311,000. With these revisions, employment gains in December and January combined were 12,000 more than previously reported.
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