LOOKS LIKE THE TREASON-O-CRATS' PRAYED-FOR RECESSION, AIN'T HAPPENIN', REGARDLESS OF THE SKITTISH MARKETS'; WAGES UNP AGAIN, TOO!! :
US economy smashes estimates, adds 273,000 jobs in February amid coronavirus outbreak
The Bureau of Labor Statistics said 273,000 nonfarm payrolls were created last month.
•That was the same as the revised number for January and far exceeded economist forecasts for 175,000.
•The report reflects conditions only through mid-February, however, so it didn't signal the full impact of the spreading coronavirus.
Government data out Friday indicated that the US economy added jobs at a faster than expected pace in February, offering an upbeat snapshot of the labor market at a time when the coronavirus outbreak began to spread from China to the US and dozens of other countries.
The Bureau of Labor Statistics said 273,000 nonfarm payrolls were created last month, the same as the January number — which was revised up from 225,000 — and higher than economist forecasts for 175,000. The unemployment rate edged lower to 3.5%, its lowest level in half a century.
Average hourly earnings rose 3% from a year earlier, far below the peaks seen in early 2019. While wage growth has continued to outpace inflation, it has held below the pace economists would hope for with historically strong employment levels.
https://markets.businessinsider.com...th-unemployment-coronavirus-2020-3-1028972006
EVEN THE OVERBLOWN CORONAVIRUS HYSTERIA CANNOT STOP THE TRUMP STEAMROLLER!!!!
WHY IS THE VIRUS SO CONCENTRATED AROUND SAN FRANSICO...??
US economy smashes estimates, adds 273,000 jobs in February amid coronavirus outbreak
The Bureau of Labor Statistics said 273,000 nonfarm payrolls were created last month.
•That was the same as the revised number for January and far exceeded economist forecasts for 175,000.
•The report reflects conditions only through mid-February, however, so it didn't signal the full impact of the spreading coronavirus.
Government data out Friday indicated that the US economy added jobs at a faster than expected pace in February, offering an upbeat snapshot of the labor market at a time when the coronavirus outbreak began to spread from China to the US and dozens of other countries.
The Bureau of Labor Statistics said 273,000 nonfarm payrolls were created last month, the same as the January number — which was revised up from 225,000 — and higher than economist forecasts for 175,000. The unemployment rate edged lower to 3.5%, its lowest level in half a century.
Average hourly earnings rose 3% from a year earlier, far below the peaks seen in early 2019. While wage growth has continued to outpace inflation, it has held below the pace economists would hope for with historically strong employment levels.
https://markets.businessinsider.com...th-unemployment-coronavirus-2020-3-1028972006
EVEN THE OVERBLOWN CORONAVIRUS HYSTERIA CANNOT STOP THE TRUMP STEAMROLLER!!!!
WHY IS THE VIRUS SO CONCENTRATED AROUND SAN FRANSICO...??