Job growth in the US continued last month, although at a weaker rate than expected, as questions rise about the prospects for the economy.
Employers added 151,000 jobs and the unemployment rate ticked up to 4.1%, from 4% in January, the Labor Department said.
The monthly report from the government is a closely-watched signal of economic health.
It was under particular scrutiny this month, amid rising concern about the economic disruption sparked by Trump administration policy changes.
Analysts had been forecasting about 170,000 new jobs. The monthly gain in February was similar to the average monthly rise of 168,000 over the past year.
Hiring was driven by health care and financial firms.
Government hiring slowed sharply, with employment in the federal government falling by 10,000. Analysts cautioned that the report does not yet reflect the full extent of the cuts that the White House has announced.
Seema Shah, chief global strategist at Principal Asset Management, said the report felt “reassuringly in line with expectations, showing payrolls growth only modestly weaker than in recent months”.
“Yet, while the worst fears were not met, the report does confirm that the labour market is cooling,” she warned.
“Furthermore, with no shortage of headwinds confronting the US economy, the softening trend is likely to persist and may potentially deepen given the toxic combination of federal government layoffs, public spending cuts, and tariff uncertainty related inertia.”
