USA’s payroll added 151 thousand jobs, falling short of expectations.

In February, the US generated 151,000 new jobs based on Payroll data, higher than January but lower than what the market anticipated.

Analysts estimated that between 160,000 and 170,000 jobs would be created, resulting in an unemployment rate of 4.1%, slightly higher than the anticipated decrease to 4%. The total number of unemployed individuals reached 7.1 million by the end of the month.

The report indicated that the labor force participation rate stood at 62.4%, which was lower than the pre-pandemic level of 63.3% recorded in January.

The US labor market is weakening but continues to show strong job creation, leading to increased interest in Federal Reserve System’s policy decisions.

In January, the United States added 143,000 jobs to the payroll.

The recent U.S. employment report, Payroll, revealed that in January the economy added 143,000 jobs, falling short of the expected 170,000 jobs.

Job growth was less than anticipated, indicating a decrease in the pace of growth in the US labor market.

The unemployment rate stayed steady at 4%, exceeding market expectations of a slight rise to 4.1%, despite the figures below the forecasts.

Maintaining the unemployment rate at 4% shows stability in the job market, but the slow growth in job numbers could signal an economic slowdown.

Economists and investors closely monitor payroll data as it can impact the Federal Reserve’s interest rate decisions in the near future. A slowdown in job creation could lead to speculation about potential easing of monetary policy.