February Jobs Report: More Solid Growth Expected
U.S. employers are thought to have hired at a brisk pace in February, and the unemployment rate is expected to stay low, a result that would provide further evidence of a consistently solid job market. Economists have forecast a job gain of 186,000 and a decline of one-tenth of a percentage point in unemployment to 4.7 percent, according to data provider FactSet. With employers competing to hire a dwindling supply of applicants and higher minimum wages taking effect in some states, average pay is also thought to have risen. …