February Jobs Growth A Mere 20,000, But 12-Month Wages Are Up 3.4%

The U.S. economy’s jobs growth engine stalled in February, according to the Bureau of Labor Statistics monthly employment report. The economy added only 20,000 non-farm payroll jobs, the smallest gain since 2017. But BLS also revised up growth in December and January by 12,000 job, for a 12-month average December through February of 186,000. The…