U.S. payroll growth totals 151,000 in February, less than expected
- The Bureau of Labor Statistics reported that the U.S. Economy added 151,000 jobs in February, including 10,000 in manufacturing and 52,000 in health care.
- The unemployment rate rose slightly to 4.1%, and federal government jobs declined by 10,000, highlighting an ongoing reduction in the government workforce.
- Health care was the top job creator, adding 52,000 positions, while the unemployment rate rose to 4.1% from January.
- Federal government jobs fell by 10,000 as part of the Trump administration's efforts to reduce bureaucracy, according to the report.
231 Articles
231 Articles
Job market softens during first month of Trump administration
San José, CA – On Friday, March 7, the Department of Labor released its report on the job market in February. This is the first report based on the labor market in the first weeks of the new Trump administration. Overall, the job market looked a little softer; job creation was a bit less, at 151,000 rather than economists’ expectations of 170,000 net new jobs. The unemployment rate also ticked up to 4.1% from 4.0% in January. The first crack was…
New Jobs Report Shows Bloated Federal Bureaucracy Is In Retreat
by Alfredo Ortiz at CDN - President Donald Trump’s effort to cut federal government waste is already bearing fruit. Friday’s jobs report reveals 10,000 wasteful federal government positions were eliminated last month. It’s the first time in years federal employment has fallen after the Biden administration significantly expanded the federal workforce. At best, government jobs are … Click to read the rest HERE-> New Jobs Report Shows Bloated Fede…
US hiring misses expectations in February
WASHINGTON, United States — The United States added fewer jobs than expected in February and unemployment ticked up, government data showed Friday, while analysts warn cracks may be appearing in the labor market under President Donald Trump’s new administration. Friday’s report paints a solid picture of the employment market in the first full month of
February job growth fell short of expectations amid economic uncertainty
February job growth fell short of expectations amid economic uncertainty CBS News Article Attribution | Read More at Article Source The post February job growth fell short of expectations amid economic uncertainty – CBS News appeared first on RocketNews.
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