|Jeff Cox – CNBC
Payrolls increase by 313,000 in February vs. 200,000 Expected
Summary: The US added 313,000 jobs in February, crushing expectations of 200,000. The unemployment rate stayed firm at 4.1%, and wage growth remained muted at 2.6% year over year. Job growth was mostly driven by the construction and retail sectors. The stable unemployment rate and muted wage growth drove a stronger Friday in the stock market.