(English) Employment Growth Expected to Gradually Improve Over the Coming Months

NEW YORK, March 5, 2021 /PRNewswire/ — Nonfarm employment increased by 379,000 in February, after an upwardly revised increase of 166,000 in January. The published unemployment rate dropped from 6.3 to 6.2 percent, and the true rate, after adjusting for the misclassification error, decreased from 6.9 percent to 6.7 percent in February. The labor force participation rate remained unchanged at 61.4 percent.