February’s Jobs Report gives yet another economic win to President Trump. Amidst the coronavirus outbreak, which has been amplified by the mainstream media, the Trump economy soared: the jobless rate was 3.5 percent and employers added 273,000 jobs in the month of February. Wage growth remained steady, growing at 3 percent.
Jobs numbers beat expectations for February, with a net gain of 273,000 jobs. The unemployment rate fell to 3.5%. Here’s what we’re watching in the markets today, with @jimwillhite. #JobsFriday #WSJWhatsNow pic.twitter.com/LKc4M40PF8— The Wall Street Journal (@WSJ) March 6, 2020
Fox Business’ Charles Payne on the February jobs report:— Steve Guest (@SteveGuest) March 6, 2020
“This is what you call shared prosperity... This is an absolutely phenomenal” jobs report.
?273,000 jobs in February
?7.5 MILLION jobs since Trump elected
?Unemployment at 3.5%, a 50 year low.pic.twitter.com/MaFQsU3rq8
This report is on the heels of the Federal Reserve’s decision to cut rates by half of a percentage point on Tuesday, in order to combat economic effects of coronavirus. The unemployment rate remains at a record-breaking, 50-year low. The Trump economy will undoubtedly be an asset to the president in November:
President Trump touted his economic success during a town hall with Fox News in Scranton, Pennsylvania on Thursday night:
President @realDonaldTrump will be holding his first Presidential Town Hall of 2020 tonight in Scranton.— Team Trump (Text TRUMP to 88022) (@TeamTrump) March 5, 2020
Here are some of the GREAT things he is doing for Pennsylvania!#TrumpTownHall pic.twitter.com/JOAWMZzxR2