Nonfarm payroll Employment Up 175,000 in February Friday, March 7, 11:37 AM ET
According to the Bureau of Labor Statistics, total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6.7 percent. Employment increased in professional and business services and in wholesale trade but declined in information.
Both the number of unemployed persons (10.5 million) and the unemployment rate (6.7 percent) changed little in February. The jobless rate has shown little movement since December. Over the year, the number of unemployed persons and the unemployment rate were down by 1.6 million and 1.0 percentage point, respectively.
Currently the yield on the 10 Year Treasury is at 2.8%, up 10 basis points over yesterday's close.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.