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Kiplinger
Kiplinger
Business
Dan Burrows

Mixed Jobs Report Offers Relief for Now: What the Experts Are Saying

The word "jobs" spelled on wooden circles placed on a keyboard.

The February jobs report delivered mixed headline figures but the labor market remains resilient, leaving the forecast for Federal Reserve rate cuts materially unchanged, experts say.

U.S. nonfarm payrolls expanded by 151,000 last month, the Bureau of Labor Statistics said Friday, lower than economists' forecast for the creation of 160,000 jobs. Additionally, the December and January jobs reports were revised down by a combined 2,000.

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