The U.S. economy
added a healthy 235,000 jobs in February, surpassing economists’ expectations and probably clearing the way for the Federal Reserve to raise interest rates this month. The unemployment rate ticked down to 4.7 percent, compared with 4.8 percent in January, and wages rose by 6 cents to $26.09 in February. Consumers pulled back on credit card debt in January. Total borrowing rose $8.8 billion compared with an increase of $14.8 billion in December — the smallest monthly gain since borrowing only went up $7.6 billion in July 2012.