Updated at 10:40 a.m. ET
The U.S. added a hefty 313,000 jobs in February — the biggest increase in 1 1/2 years — while wages rose more modestly than the previous month. Meanwhile, the unemployment rate held steady at 4.1 percent, the Bureau of Labor Statistics reported Friday.
The Labor Department also reported strong upward revisions for both December and January. January's figure was revised to 239,000 from 200,000 previously and December was pegged at 175,000, up from 160,000.