Page 226 - கூட்டாட்சியின் இருப்பு தலைவர் ஜெரோம் போவல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The US economy added 379,000 jobs in February, and the unemployment rate dropped to 6.2%. But that good news hides just how much the labor market is really struggling. Nick Buffie is an economic-policy analyst and graduate of the Harvard Kennedy School. This is an opinion column. The thoughts expressed are those of the author. On Friday morning, the Bureau of Labor Statistics released its February jobs report. Over the coming days, the media will likely focus on two statistics: the unemployment rate (which fell to 6.2%) and the number of jobs created (379,000), both of which were better than economists expectations. But despite the focus on these numbers, both measures greatly overstate the strength of America s labor market.

United statesJerome powellJanet yellenNick buffieHarvard kennedy schoolBureau of labor statisticsFederal reserveHarvard kennedyLabor statisticsTreasury secretary janet yellenFederal reserve chairman jerome powellJobs reportLabor marketJob marketUs economy and marketsBi commentary