The U.S. economy added jobs at a slower pace than expected in February, giving the Federal Reserve more labor market data to consider as it prepares to meet later this month.

The Labor Department on Friday reported that employers added 151,000 jobs in February, below the estimate of 160,000 jobs made by LSEG economists.

The unemployment rate was 4.1%, slightly higher than economists' expectations it would remain at 4%.

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The U.S. economy added 151,000 jobs in February as the labor market was cooler than expected ahead of the Federal Reserve's next monetary policy meeting later this month.{ai:summary}The U.S. economy added 151,000 jobs in February, falling short of the expected 160,000, according to the Labor Department. The unemployment rate rose to 4.1%, slightly above forecasts.This data will provide the Federal Reserve with additional insights as it prepares for its upcoming meeting. #economy

US economy added 151,000 jobs in February, below expectations

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