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The U.S. added 151,000 jobs in February with federal job cuts beginning to show. Private sector hiring slowed significantly amid policy uncertainty, while multiple-job holders reached the highest level since 2009.
Key Takeaways The U.S. economy added 151,000 jobs in February, with Dec/Jan revisions posting a net decline of 2,000 jobs Preliminary numbers show 10,000 Government job losses, with more expected in next month’s report Private sector employment gains fell 46% short of predictions amid economic uncertainty 5.27% of working Americans are taking on multiple jobs, the highest level since July 2009