April 26, 2024 10:21 am
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Strong February jobs report led by construction boom

Federal Reserve even more likely to raise rates this month

By Kelsey Ramírez | HousingWire

February saw a strong increase in jobs, led by a gain in construction jobs, according to the latest report from the Bureau of Labor Statistics.

Total nonfarm payroll employment increased by 235,000 in February, while the unemployment rate remained unchanged at 4.7%.

This increase, while strong, is not quite the anticipated 298,000 that ADP reported Wednesday. However, it is up from January’s strong report, which added 227,000 jobs.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.