U.S. job growth seen strong in February; wages to rebound
Posted: Fri Mar 10, 2017 6:17 am
Reuters - 3/10/2017 - Lucia Mutikani - U.S. employers likely maintained a brisk pace of hiring in February and boosted wages for workers, which is expected to give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth. Nonfarm payrolls probably increased by 190,000 jobs last month, according to a Reuters survey of economists, in part as unseasonably mild weather buoyed employment in the construction sector. The economy created 227,000 jobs in January. The Labor Department will publish its closely watched employment report on Friday at 08:30 a.m. (1330 GMT). Fed Chair Janet Yellen signaled last week that the U.S. central bank would likely hike interest rates at its March 14-15 policy meeting. Read more @ http://www.reuters.com/article/us-usa-e ... SKBN16H0KA