Another U.S. hiring surge: 311,000 jobs despite Fed rate

iStock/PeopleImages |  By: Christopher Rugaber, The Associated Press | March 10, 2023, | 11:17 February unemployment rate rose to 3.6% 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. The unemployment rate rose to…