Mar 10, 2017
Trump’s first economic report card: A strong 235,000 jobs added in February
The first full jobs report of the Trump administration came in like a lion: The United States added 235,000 new jobs to the economy in February. Data from the Bureau of Labor Statistics also showed that the unemployment rate ticked down from 4.8 percent to 4.7 percent, indicating that slightly fewer Americans are actively looking for work. The strong jobs data represents the last piece of the puzzle for the Federal Reserve and essentially seals the deal for an interest rate hike next week at its two-day monetary policy meeting on March 14-15.
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