U.S. Labor Market in February

The U.S. labor market held steady in February with little change in job openings, hires, and separations despite rising anticipation of new tariffs from the Trump administration. Job openings slipped to 7.6 million, led by drops in retail, finance, and leisure and hospitality. Hiring remained firm at 5.4 million. The quits rate stayed at 2.0 percent, indicating worker confidence.

U.S. Labor Market Report for February

The U.S. labor market added 151,000 jobs in February, slightly below economists' forecasts. The unemployment rate rose to 4.1 percent, signaling a cooling labor market. Federal government employment declined by 10,000. The report may impact the Federal Reserve's upcoming rate decision and suggests a need for tax cuts to boost economic momentum.