Restaurants and bars drove US job growth in February
WASHINGTON (AP) — It’s been an extended happy hour at U.S. bars and restaurants, which led hiring gains last month.
U.S. dining establishments added 58,700 jobs in February, the Labor Department said Friday. It was a sign that solid job growth — more than 3 million positions added over the past 12 months — is causing more consumers to splurge on lunches, lattes and dinners.
The additional spending should help power overall economic growth, given that consumers account for 70 percent of U.S. economic activity.
All told, employers added 295,000 jobs in February, and the unemployment rate dipped from 5.7 percent to 5.5 percent, the lowest level in nearly six years.
A brutally cold February in parts of the nation appeared to have had little effect on homebuilding. Construction firms added 29,000 workers. The higher-paying business services sector, which includes lawyers, accountants and engineers, added 51,000, the health care sector 32,800.
Here’s a look at the jobs added or lost in each major industry category:
|Industry||February 2015||January 2015||Past 12 months|
|Information (Telecom, publishing)||7,000||5,000||59,000|
|Professional services (Accounting, temp work)||51,000||10,000||660,000|
|Education and health||54,000||46,000||539,000|
|Hotels, restaurants, entertainment||66,000||39,000||527,000|
|Source: Labor Department|