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Economic Report: U.S. gains 678,000 jobs in February and unemployment drops to 3.8% despite major labor shortage

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Panorama of a city business district with office buildings and skyscrapers and superimposed data, charts and diagrams related to stock market, currency exchange and global finance. Blue line graphs with numbers and exchange rates, candlestick charts and financial figures fill the image with a glowing light. Sunset light.

The U.S. is forecast to have added 440,000 new jobs in February, according to economists polled by the Wall Street Journal. The unemployment rate is expected to dip to 3.9% from 4%. The report will be released at 8:30 a.m. Eastern by the Bureau of Labor Statistics. The Dow Jones Industrial Average
DJIA,
-0.29%

and S&P 500
SPX,
-0.53%

were set to open lower in Friday trades.

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