US adds 275,000 jobs in February as labor market continues to grow | Business

Employers added 275,000 jobs across the US last month, as the labor market continues to grow at a clip in the face of the high interest rates.Job growth exceeded expectations of 200,000 on Wall Street in February but fell back from the previous month’s robust rate of 353,000.Unemployment stood at 3.9%, according to data released on Friday morning by the Bureau of Labor Statistics (BLS), a 0.2% increase compared to January.Industries that saw an increase in jobs include healthcare, government employment and food services and drinking places.While jobs continue to be added each month,…