Under President Trump U.S. companies added a whopping 298,000 new jobs in February, beating economists’ expectations by more than 100,000.
EDITOR’S NOTE: Donald Trump’s pledge to make America great again is being realized with an unprecedented explosion in new job creation in the month of February alone. So here is something you need to think about. When Democrats pledge to “stop Trump“, they are also pledging to kill the economy and working to keep people unemployed. Democrats don’t want to stop Trump as much as they want to cripple an America that has rejected their Socialist vision. That would make Democrats the enemy of our country. Think about that.
The report from ADP, a global human resources and payroll firm, provides the first hard economic numbers from President Donald Trump’s first full month as president.
Trump wrote Wednesday on Twitter about another similar measure, citing numbers from a new LinkedIn workforce report that showed strong job-adding numbers from January and February.
Candidate Trump promised to bring jobs back “big league”
Those months ‘were the strongest consecutive months for hiring since August and September 2015,’ the president tweeted, mirroring the report’s language.
Trump has pledged to dramatically improve the U.S. employment market in those sectors as he tries to lure businesses from overseas and stop jobs from fleeing across the border.
He has also promised $1 trillion in new infrastructure spending, another measure calculated to add jobs.
President Trump is keeping all his promises, especially the ones on jobs
‘February proved to be an incredibly strong month for employment with increases we have not seen in years,’ Ahu Yildirmaz, vice president of the ADP Research Institute, said in a statement.
January’s new-jobs numbers were also revised upward on Wednesday from 246,000 to 261,000.
‘Confidence is playing a large role,’ Mark Zandi, chief economist of Moody’s Analytics, told CNBC.
‘Businesses are anticipating a lot of good stuff – tax cuts, less regulation. They are hiring more aggressively.’
The official U.S. unemployment rate is expected to shift downward from 4.8 per cent to 4.7 per cent, in response to the official jobs numbers report, due Friday. source