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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

March 07, 2025
US EMPLOYMENT, FEBRUARY 2025

Monthly change (February 2025 vs January 2025, seasonally adjusted)

US non-farm payroll employment increased 151,000 in February 2025, rising to 159.2 million persons.

The increase of 151,000 in US nonfarm payroll employment was stronger than the growth of 125,000 reported for January 2025.                                                       

The US unemployment rate rose 0.1 percentage point to 4.1% in February 2025. The US unemployment rate has remained at or above 4% since May 2024.

The US participation rate decreased 0.2 percentage points to 62.4%. The US participation rate has stabilized over the last two years and remains below levels observed prior to the pandemic.

The US employment to population ratio declined 0.2 percentage points to 59.9% in February 2025. As with the participation rate, the US employment rate has not yet returned to pre-pandemic levels. The US employment rate has declined since mid-2023.

 

Note: Canadian and US labour force statistics refer to different working-age cohorts. 

Sources: US Bureau of Labor Statistics news release retrieved using FRED API from Federal Reserve Bank of St. Louis

Statistics Canada.  Table  14-10-0287-01   Labour force characteristics, monthly, seasonally adjusted and trend-cycle



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