Most Recent Jobs Report Shows Businesses On Hiring Spree

PHILADELPHIA (CBS) -- The most recent jobs report released by the Bureau of Labor Statistics on Friday shows American businesses are on a hiring spree.

The U.S. economy added more than 313,000 jobs in February alone. That's the biggest gain in job-growth since July 2016.

The main takeaways from the report are that:

• The unemployment rate stayed at 4.1 percent, which is the lowest it has been in 17 years.
• Wages also grew 2.6 percent compared to last year.
• In the first two months of 2018, the U.S. has already added more than half a million jobs.

Next findings for March's employment situation are expected to be released on April 6.