US job growth surges again in February as economy adds 311,000 new positions

U.S. hiring grew faster than expected in February as the labor market remained surprisingly resilient in the face of higher interest rates, scorching-hot inflation and mounting recession fears.

Employers added 311,000 jobs in February, the Labor Department said in its monthly payroll report released Friday, easily topping the 203,000 jobs forecast by Refinitiv economists. 

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