‘Holy Leisure And Hospitality Batman!’ Economists React To February Jobs Report On Twitter

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Total nonfarm payroll employment grew by 379,000 jobs in February, the U.S. Bureau of Labor Statistics reported Friday. 

The unemployment rate fell slightly to 6.2%.

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Courtesy of U.S. Bureau of Labor Statistics

Most of February’s job gains came from the leisure and hospitality sector, which added 355,000 jobs. A little more than 80% of those jobs were in food services and drinking places.

Retail trade added 41,000 jobs in February and has now added 2 million jobs since May. 

The construction industry saw 61,000 job losses, and employment in the industry is now down 308,000 jobs year-over-year. 

Here’s how economists and others reacted to the jobs report on Twitter:

 

 

 

 

 

 

 

 

 

 

 

 

 

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