- The US unemployment rate declined to 3.8% in February, down from 4.0% in January.

The fall was deeper than market expectations for a decline to 3.9%.

However, just 20k jobs were added during February, below expectations of 180k.

Average hourly earnings rose by 11 cents, or 0.4% to $27.66, beating expectations of a 0.3% rise.

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