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The trucking industry added 5,600 jobs in February as U.S. payrolls jumped by 236,000 and the unemployment rate fell to 7.7%, the Labor Department reported Friday.
January’s trucking-jobs gain was revised up to 6,500 jobs from a previously reported 5,000, according to the figures from the department’s Bureau of Labor Statistics.
The jobs gain across all sectors was well above analysts’ forecasts of 165,000, Bloomberg News reported. January’s employment increase was revised down to 119,000 jobs from an originally reported 157,000.
The unemployment rate was forecast to hold at 7.9%, Bloomberg reported.
Construction jobs jumped by 48,000, the most in almost six years, and factories added 14,000 workers.