The New Paper

March 5, 2021

US economy adds 379k jobs in February

The US economy added 379k jobs in February, marking the largest monthly increase since October. The increase was largely driven by the leisure and hospitality sectors, with smaller gains in temporary help services, health care, retail trade, and manufacturing. Meanwhile, the unemployment rate fell slightly to 6.2%. Here's the full report from the Bureau of Labor Statistics

More context: While total nonfarm payrolls (i.e. jobs in the US economy) have partially recovered from a coronavirus-driven decline last year, they remain down over 5% from pre-coronavirus levels.
This story is from the March 5, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.