Jobs report crushes expectations, wage growth slows

Hiring surged in February as nonfarm payrolls increased by 313,000 — many more than economists had forecast. The labor-force participation rate also jumped, by the most in over eight years, showing that many working-age Americans are still out of the labor market. Wage growth slowed, and the spike reported last month was revised lower. The US economy added 313,000 jobs in February, many more than economists had expected, according to a report from the Bureau of Labor statistics...