This summary provides a snapshot of the February market. For more detailed data, visit the Bureau of Labor Statistics (BLS) website at www.bls.gov.
Posted by EDI Staffing on March 09, 2025
February’s job market remained resilient, with steady employment growth, but cooling trends continued to surface. While hiring persisted across key industries, job gains slowed compared to recent months, and wage growth remained moderate. Here’s a breakdown of the latest employment data from the BLS Employment Situation Summary released on Friday, March 7, 2025:
The unemployment rate remained largely unchanged at 4.1%, with 7.1 million people unemployed. The jobless rate has fluctuated between 4.0% and 4.2% since May 2024.
Total nonfarm payroll employment rose by 151,000 in February, slightly below the previous 12-month average monthly gain of 168,000.
Top industries showing change:
The labor force participation rate showed little change from the previous month.
Average hourly earnings increased by $0.10 (0.3%) to $35.93. Over the past year, earnings have risen by 4.0%. The average workweek for all employees held steady at 34.1 hours.
EDI Staffing remains committed to matching businesses with top-tier IT, EDI, and technical talent, providing flexible remote and hybrid work options.
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For professionals seeking flexible work options, we offer a range of remote and hybrid roles in IT, EDI, and emerging technologies.
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More job openings on our job board, here.
This summary provides a snapshot of the February market. For more detailed data, visit the Bureau of Labor Statistics (BLS) website at www.bls.gov.
To find candidates and hire talent, click here.