Tech, Finance Companies Continue to Cut Jobs Despite Strong Broader Labor Market

Retailers, hotels and restaurants hired briskly in February

Retailers in February hit their highest employment level in a year. Photo: Spencer Platt/Getty Images

Employers’ solid hiring in February brought the total of added U.S. jobs to 4.3 million over the past year, but signs are emerging that job growth is slowing in some industries. 

Sectors that saw a declining number of jobs in February from January include information, transportation and warehousing and finance and insurance.

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