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LATEST US DATA

Feb jobless rate down at 5.5%, lowest in 7 years

Payrolls climb more than forecast; Jan trade deficit falls to US$41.8b

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EMPLOYERS added more jobs than forecast in February and the unemployment rate dropped to 5.5 per cent, the lowest in almost seven years, showing the labour market is sustaining progress after the best performance since 1999.

Washington

EMPLOYERS added more jobs than forecast in February and the unemployment rate dropped to 5.5 per cent, the lowest in almost seven years, showing the labour market is sustaining progress after the best performance since 1999.

The 295,000 advance in payrolls last month

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