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13 charts that tell the inside story of the US job market right now

Akin Oyedele   

13 charts that tell the inside story of the US job market right now

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Joshua Lott/Getty

The labor market is proving to be one of the most resilient sectors of the economy in 2016.

On Friday, we learned that the US economy added an impressive 242,000 jobs in February and the unemployment rate was unchanged at an eight-year low of 4.9%.

However, wage growth was disappointing, although that could be because payday - the 15th of the month - fell outside the week of the jobs report survey.

But overall, this pace of jobs growth came even as the crucial services and manufacturing sectors slowed down.

And overall, this report made clear that the labor market is approaching full employment, and that labor-market weakness will simply not points to signs of a looming recession.

The following charts from Deutsche Bank's economics team highlight the most important labor-market themes of the moment.

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