President Trump promise more jobs, hire wages, and lower unemployment. So far, he’s delivering, big league!
The Daily Mail reports:
U.S. employers added a robust 235,000 jobs in February and wages rose at a healthy clip, a sign the economy remains on solid footing after nearly eight years of recovery.
The Labor Department says the unemployment rate fell to a low 4.7 percent from 4.8 percent.
More Americans launched job searches, lifting the proportion of Americans working or looking for work to the highest level in nearly a year.
And the labor force participation rate rose to 63 percent, a high water mark since 2014. That jump is an indication that people who have been on the sidelines are rejoining the labor market.
Wage gains were also recorded in February; average hourly earnings rose six cents, or 0.2 percent, to $26.09.
And in the manufacturing sector, payrolls rose by 95,000 new positions, the highest such one-month increase since March of 2000.
We’re certainly not out of the woods yet, but Americans have a reason to be proud again. There’s a politician in Washington DC that wakes up everyday putting Americans first.
This news comes off the heels of the new jobs report released for February:
From The Hill:
U.S. businesses added 298,000 jobs in February, the most in three years, as unseasonably warm weather boosted growth in several sectors across the labor market.
Construction, mining and manufacturing all grew at their fastest pace in several years, pushing jobs growth above the 261,000 pace in January, according to the ADP employment report, a survey measuring private-sector hiring.
“February proved to be an incredibly strong month for employment, with increases we have not seen in years,” said Ahu Yildirmaz, vice president of the ADP Research Institute.
Construction added 66,000 jobs, the best showing in 11 years; manufacturing added 32,000, the most in five years; while mining, which has been gradually picking up pace in recent months after years of shedding jobs, added 8,000 positions last month.
Get ready for an economic boom!