Jobs Report - February 2017

This morning, the Department of Labor reported that the U.S. economy added 235,000 in February, and the unemployment rate ticked down to 4.7%. Headline job growth was above 200,000 jobs for a second month in a row, and average hourly earnings increased by a healthy 2.8%. Robin Anderson, senior global economist, shares her thoughts on the report and the likelihood of an interest rate hike at next week’s Federal Reserve meeting.