JUST IN: U.S. economy gains just 20,000 jobs in February as unemployment rate ticks down to 3.8%.
An employee restocks shelves of school supplies at a Walmart store in Burbank, California. Improved economic conditions and higher wages are bringing people off the sidelines and back to work, especially older Americans.Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.
Dow Jones Industrial Average futures tumbled by more than 200 points immediately after the data was released. According to the Federal Reserve’s latest Beige Book, which measures economic conditions across the country and helps the Fed set its benchmark lending rates, many companies are having trouble finding qualified workers.
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