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Tipsheet

February Jobs Report Breaks Records Amidst Coronavirus

AP Photo/Jose Luis Magana

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. 

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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:

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President Trump touted his economic success during a town hall with Fox News in Scranton, Pennsylvania on Thursday night:

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