BREAKING. First Jobs Report Under Trump Shows Skyrocket in January

According to a report put out the by the Labor Department on Friday, the U.S. added 227,000 jobs in January.

This is the first jobs report under the Trump administration, and the number comes in far above economists’ expectations of 180,000 jobs.

In addition, the labor force participation rate ticked up to 62.9% from 62.7%.

Wages in January rose by 2.5%, year-over-year, below expectations of 2.7%.

Although the mainstream media is trying to give credit for this current jobs report to the Obama administration, the fact is key indicators have rallied higher in the months after Trump won the election, suggesting that the new administration has influenced the positive growth.

Screen Shot 2017-02-03 at 8.40.53 AM

Related News: Ten Highest Paying Jobs in America

If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).

To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.







 

Comment via Facebook

Send this to a friend