jimnyc
03-10-2017, 08:47 AM
I think this was planned from sometime in mid-2014 though. :) The who, what, why, where & when doesn't matter as much to me, than the fact that this is just more good news, for now. :) :)
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U.S. Jobs, Wages Show Solid Gains in Trump's First Full Month
U.S. employers added jobs at an above-average pace for a second month on outsized gains in construction and manufacturing, showing the labor market continued its steady growth in the new year.
The 235,000 increase in jobs followed a 238,000 rise in January that was more than previously estimated, the best back-to-back rise since July, a Labor Department report showed Friday in Washington. The unemployment rate fell to 4.7 percent, and wages grew 2.8 percent from February 2016.
While unseasonably warm weather may have boosted the payrolls count, the data represent President Donald Trump’s first full month in office and coincide with a surge in economic optimism following his election victory. The figures also validate recent comments by Federal Reserve officials that flagged a likely interest-rate increase this month.
“The economy is riding a wave of optimism in the wake of the election,” Andrew Chamberlain, chief economist of jobs website Glassdoor, said before the report was released.
Construction jobs, which can fluctuate depending on the weather, rose by 58,000, the most since March 2007, and followed a 40,000 increase in January. Manufacturing payrolls gained 28,000, a three-year high. Meanwhile, retail positions fell by 26,000, the most since December 2012.
Rest here - https://www.bloomberg.com/news/articles/2017-03-10/u-s-jobs-wages-show-solid-gains-in-trump-s-first-full-month
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U.S. Jobs, Wages Show Solid Gains in Trump's First Full Month
U.S. employers added jobs at an above-average pace for a second month on outsized gains in construction and manufacturing, showing the labor market continued its steady growth in the new year.
The 235,000 increase in jobs followed a 238,000 rise in January that was more than previously estimated, the best back-to-back rise since July, a Labor Department report showed Friday in Washington. The unemployment rate fell to 4.7 percent, and wages grew 2.8 percent from February 2016.
While unseasonably warm weather may have boosted the payrolls count, the data represent President Donald Trump’s first full month in office and coincide with a surge in economic optimism following his election victory. The figures also validate recent comments by Federal Reserve officials that flagged a likely interest-rate increase this month.
“The economy is riding a wave of optimism in the wake of the election,” Andrew Chamberlain, chief economist of jobs website Glassdoor, said before the report was released.
Construction jobs, which can fluctuate depending on the weather, rose by 58,000, the most since March 2007, and followed a 40,000 increase in January. Manufacturing payrolls gained 28,000, a three-year high. Meanwhile, retail positions fell by 26,000, the most since December 2012.
Rest here - https://www.bloomberg.com/news/articles/2017-03-10/u-s-jobs-wages-show-solid-gains-in-trump-s-first-full-month