U.S. Jobless Rate Hits Two-Year High

"The February jobs report doesn't look recessionary. But it does suggest the Fed is getting closer to mission accomplished, calming the hot jobs market that contributed to high inflation."

By Augusta Saraiva | March 08, 2024 at 05:12 PM

Photo: Employees use a metal inert gas (MIG) welder to weld the seams of metal doors being constructed at the Metal Manufacturing Co. fabrication plant in Sacramento, California, on April 12, 2018. Photographer: David Paul Morris/Bloomberg

The U.S. jobless rate climbed to a two-year high in February even as hiring remained healthy, pointing to a cooler yet resilient labor market.

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U.S. Jobless Rate Hits Two-Year High

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1 Understanding the Cost of Hedging

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