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March 11, 2023

A hiring sign is displayed at a grocery store in Arlington Heights, Ill., Friday, Jan. 13, 2023. A strong job market has helped fuel the inflation pressures that have led the Federal Reserve to keep raising interest rates. (Nam Y. Huh, AP File)

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Another US hiring surge: 311,000 jobs despite Fed rate hikes

America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.

By CHRISTOPHER RUGABER Associated Press March 11, 2023