WASHINGTON – The U.S. economy added jobs at a brisk clip in February, but monthly wage growth slowed and the unemployment rate rose, pointing to some labor market loosening and prompting financial markets to dial back expectations that the Federal Reserve would raise interest rates by half a percentage point this month. The Labor Department's closely watched employment report on Friday also showed labor supply swelled last month, helping to lift the share of the prime-age population in the labor force to the highest level since just before the COVID-19 pandemic.

https://newsinfo.inquirer.net/1741288/strong-us-job-growth-persists-wage-inflation-shows-signs-of-slowdown

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