The US economy added a higher-than-expected 678,000 jobs in February, with an additional 92,000 jobs added in revisions to the previous two months’ jobs reports, according to the monthly report from the Bureau of Labor Statistics.
Employment in the leisure and hospitality; professional and business services; health care; and construction saw the largest growth with more than 60,000 new jobs in each sector. Hourly wages held steady at $31.58.
In the first 13 months of the Biden Administration, the nation has gained more than 7.3 million jobs, more than the entire amount of jobs created by Presidents Trump, GW Bush, GHW Bush, Ford and Eisenhower combined (Total: 6.5 million).