298,000 new jobs in February

[guohua]

Jobs are out there and here are the numbers.

Nonfarm payrolls increase by 313,000 in February vs. 200,000 est.

That's right my friends, there should be No One on the street corner begging for Your Money! 
If those people don't have a mental problem then they have no business not working.
The economy is Booming under the Trump Administration, not like Obama and his plan to but everyone on the Government Tit!
Make you a Slave / a Government Dependent! 

The economy added 313,000 jobs in February, crushing expectations, while the unemployment rate remained at 4.1 percent, according to a Labor Department report Friday that could help quell inflation fears.

Economists surveyed by Reuters had been expecting nonfarm payroll growth of 200,000 and the unemployment rate to decline one-tenth of a point to 4 percent.

An increase in the labor force participation rate to its highest level since September helped keep the headline unemployment number steady, as the number of those counted as not in the workforce tumbled by 653,000 to just over 95 million.

The total counted as "employed" in the household survey surged by 785,000 to a record 155.2 million.

A separate measure that takes into account those out of the workforce and the underemployed — sometimes referred to as the "real" unemployment rate — held steady at 8.2 percent.

Stocks surged following the report, with the Dow industrials up 375 points Friday afternoon after being slightly negative before the news.

"The underlying economic growth is quite strong, but there's no real pressures from a wages and inflation standpoint," said Greg Peters, senior investment officer at PGIM Fixed Income. "It's very good for risk assets."

Construction jobs led the way, with 61,000 new positions, followed by retail and professional and business services (50,000 apiece), manufacturing (31,000) and financial activities (28,000).

Health care added 19,000 while mining saw 9,000 new jobs.

Beats Obama Shovel Ready Crap!! !!

In addition to the big job growth, previous months' counts were revised substantially higher. December went from 160,000 to 175,000 while January saw a boost from the initially reported 200,000 to 239,000. That brings the three-month average to 242,000.

The February report was the biggest beat against expectations since December 2009, according to Bespoke Investment Group.

Source

Democrats do not create jobs, they give them to foreign countries and make YOU feel Guilty for having a Job!!!
Unless of-course you're part of the Hollywood Elite! 
OMG  :mediumomg: Don't let a Democrat see this,,,,, They Would Never Believe It!!!

Black unemployment falls to second-lowest level on record in February

The unemployment rate for black Americans fell back down to an historic low in February, after spiking up in January.

Just 6.9 percent of black adults were unemployed in February, according to the Bureau of Labor Statistics, the second-lowest such ratio since the agency has been keeping track.
Source