US unemployment rate falls to 6.2% in February

US employers created more jobs than expected in February, and the unemployment rate fell slightly. This signals that the US labor market is resuming recovery after several months of weaker developments. In addition to agriculture, 379,000 new jobs were created in the United States last month, up from 166,000 in January, the U.S. Department of Labor said. Economists forecast only 200,000 new jobs. The unemployment rate fell to 6.2% from 6.3%, with economists expecting stagnation. Activity in the world's largest economy also accelerated in February due to a decline in new cases of COVID-19 and continued vaccination. Employment growth has flattened in the previous two months due to the rapid spread of the new coronavirus during the winter and new government anti-epidemic measures. Currently, most economic indicators are improving again and signal a recovery. Despite the acceleration of job creation in February and the slight decline in the unemployment rate, the labor market still has a long way to go to fully recover.