Bizness Lounge

by Michelle Jamrisko

(Bloomberg) -- Employers added 295,000 workers to payrolls in February and the U.S. unemployment rate fell to 5.5 percent, figures from the Labor Department showed Friday in Washington.
The median forecast in a Bloomberg survey of 96 economists projected employment would rise by 235,000. Estimates ranged from 150,000 to 370,000. The jobless rate was projected to drop to 5.6 percent from January’s 5.7 percent.