*U.S. FEB. PAYROLLS INCREASE 678,000; EST. 422,500
*U.S. FEB. AVERAGE HOURLY EARNINGS UNCHANGED M/M; EST. 0.5%
Participation rate ticked higher to 62.3% from 62.2%
Manufacturing payrolls increased 36K, prev. 13K
Average hourly earnings rise 5.1% Y/Y; Est. 5.8%
Looking at industries, the February change was led by business professional services 86K, construction and mining shed jobs at 5K and 4K, respectively. Retail trade added 61.4K jobs
Ethnicity unemployment breakdown:
White 3.3%, prev. 3.4%
Latino 4.4%, prev. 4.9%
African Am. 6.6%, prev. 6.9%
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