Trump has the golden touch in first full month in office: Construction boom fuels job growth, unemployment is down and wages are up
U.S. employers added 235,000 new jobs in February, the first full month of Donald Trump’s presidency
About 95,000 of those were in the manufacturing sector, and another 58,000 are in construction
The labor participation rate is now 63 per cent, the highest it’s been in nearly a year
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 ten months ago. That jump is an indication that people who have been on the sidelines are rejoining the labor market.
Read the whole thing: Trump’s first month sees unemployment down and wages up | Daily Mail Online
Hat tip for the great headline: Politipage
Update, another good headline from the Politipage Editors:
Update 2: More great news via Gateway Pundit Debt Decreases $60B Since Inauguration…