U.S. employers hired significantly more workers than Wall Street expected in February, but wage growth slowed and more people entered the workforce, the Bureau of Labor Statistics said Friday.

Nonfarm payroll employment increased 311,000, above expectations for a 225,000 gain, while the unemployment rate rebounded two-tenths to 3.6%. Average hourly earnings growth over the month slowed a tenth to 0.2%, a tenth weaker than expected, and was 4.6% over the year.

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U.S. employers hired significantly more workers than Wall Street expected in February, but wage growth slowed and more people entered the workforce, the Bureau of Labor Statistics said Friday.

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MNI BRIEF: US Feb Hiring Above Expectations; Wage Growth Slows