February Payrolls Smash Expectations, Surge To 242,000 Even As Hourly Earnings Post Unexpected Drop | Zero Hedge: "The move higher in jobs was mostly driven by minimum wage jobs in healthcare (+57,000), retail (+55,000), and food service professions which rose by 40,000. This explains why for yet another month, wage growth was not only not there, but with a -0.1% decline after the January minimum wage hike induced bounce, posted a drop of -0.1%, which was the first drop since December 2014."
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