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Re: The U.S. added 273,000 jobs in February in a burst of hiring before the coronavirus outbreak began to shake economic confidence.

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 06 Mar 20 7:11 PM | 29 view(s)
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Msg. 34473 of 54959
(This msg. is a reply to 34472 by clo)

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It's a perfectly okay month, but not a blockbuster.

In fact, for myself, I will not criticise Trump if job growth slows. There aren't enough unemployed people to keep job growth going forever.

The recovery started under Obama. It's still going.

At some point, you get wages increasing a lot faster because the labour pool is exhausted. That will be great.




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The above is a reply to the following message:
The U.S. added 273,000 jobs in February in a burst of hiring before the coronavirus outbreak began to shake economic confidence.
By: clo
in ALEA
Fri, 06 Mar 20 4:43 PM
Msg. 34472 of 54959

The U.S. added 273,000 jobs in February in a burst of hiring before the coronavirus outbreak began to shake economic confidence.

For the second month in a row, the economy churned out a blockbuster number of jobs, the government reported Friday, an impressive showing in an era of slow-and-steady employment growth.

But with the coronavirus outbreak shaking economic confidence, the solid showing may not be a harbinger of continued strength.

NYT


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