US economy undershoots expectations with 151,000 jobs created in February
The US economy created 151,000 jobs in February, falling short of expectations, as concerns deepen about the impact of President Donald Trump aggressive trade policy on growth. Friday’s figure from the Bureau of Labor Statistics was below the 160,000 forecast by economists polled by Reuters but above January’s downwardly revised figure of 125,000.
The February jobs report comes as the Trump administration continues large-scale layoffs of government workers.
President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a slowdown ...
The U.S. added 151,000 jobs in February and the unemployment rate rose to 4.1 percent in the first jobs report covering ...
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President Donald Trump on Friday sought to take credit for a February surge in manufacturing jobs, citing the gains as evidence his policies are paying off even amid signs they are sparking broader ...
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