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New York (CNNMoney) – The job market picked up more than expected in February, led by strong hiring in professional and business services.
The U.S. economy added 175,000 jobs last month, marking an improvement from January and topping economists' expectations. Meanwhile, the unemployment rate ticked up to 6.7%, from 6.6% the prior month as more Americans joined the labor force. Both numbers were reported by the Department of Labor on Friday morning.