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c <br />400 <br />0 <br />200 <br />c <br />w <br />s 0 <br />U <br />2 <br />o -200 <br />-400 — <br />EMPLOYMENT <br />1,000 <br />U1 <br />0 <br />0 <br />0 <br />600 <br />Nonfarm Payroll (000's) <br />I 1 <br />1 <br />800 - — <br />1 1 • <br />I 1 I %v <br />— - r <br />1 1 P%.. 1•.1 <br />1 1 1 . I 1, 1 1 J i \ <br />1 1 4 _ A , ;• <br />—Non-farm Payroll (000's) <br />— — • 3-month average (000's) <br />��b %4g mob -T /;b 9�� �P6 94� �P6 �4� 1;6 <br />s)o o �1 c1 �� �s �0 0) .51 Q c'S <br />25.0% <br />20.0% <br />15.0% <br />cc <br />10.0% <br />5.0% <br />CM <br />Unemployment Rate <br />CHANDLER <br />ASSET MANAGEMENT <br />--- Underemployment Rate (U6) <br />Unemployment Rate (U3) <br />0.0% <br />' 6. % .csb �� ,%P6 �� ab -Te@: ' 6 �%�: .c'b <br />o �0 �l cl �� c� �,1 c)� �Q �.9 's <br />Source: US Department of Labor Source: US Department of Labor <br />The U.S. economy added 151,000 jobs in February, below consensus expectations, and the last two months were revised down by 2,000. <br />Gains were led by education and health services, transportation, and financial activities, with cutbacks in federal jobs and consumer - <br />oriented fields such as leisure and hospitality and retail. The three-month moving average and six-month moving average payrolls totaled <br />200,000 and 191,000 respectively. The unemployment rate rose to 4.1% in February, and the labor participation rate edged down to <br />62.4%, remaining below the pre -pandemic level of 63.3%. The U-6 underemployment rate, which includes those who are marginally <br />attached to the labor force and employed part time for economic reasons soared to 8.0% in February from 7.5% last month to its highest <br />level since 2021. Average hourly earnings ticked up to an increase of 4.0% year -over -year in February. <br />13/143 <br />4 <br />