- “While the forthcoming February reading is not expected to be quite as robust, the job market has remained remarkably and surprisingly resilient,” Bankrate Senior Economic Analyst Greg McBride said in remarks provided to The Daily Wire.
- “Layoffs and discharges were on the rise and fewer individuals quit their jobs. These modest changes underscore moderation in the job market. Even so, layoffs and job cut announcements have accelerated but have not infiltrated data on new and continuing claims for unemployment benefits.”
- The largest decreases in open positions occurred in construction, accommodation and food services, and finance and insurance, while the largest increases in open positions occurred in warehousing and nondurable goods manufacturing.
