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Hiring surge adds 313K jobs in February, most in 1 years
abcnews/AP ^ | Christopher Rugaber

Posted on 03/09/2018 5:38:11 AM PST by RoosterRedux

US employers went on a hiring binge last month, adding 313,000 jobs, the most since July 2016, and drawing hundreds of thousands of people into the job market.

The Labor Department says wage gains, meanwhile, fell from the previous month to 2.6 percent year-over-year growth. Strong hourly wage growth had spooked markets in February because it raised the specter of inflation. But January's figure was revised one-tenth of a point lower to 2.8 percent.

The influx of new workers kept the unemployment rate unchanged at 4.1 percent.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: 2018issues; buildthefence; daca; dreamact; dreamers; employment; helpwanted; hiring; incometaxes; jobs; jobsjobsjobs; labordepartment; maga; taxcutsandjobsact; taxreform; tcja; trump; trumpeconomy; trumpwinsagain; unemployment; winning
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1 posted on 03/09/2018 5:38:11 AM PST by RoosterRedux
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To: RoosterRedux

More bad news for the fake news media, Democrats and Trump haters.

Choke on it.


2 posted on 03/09/2018 5:39:43 AM PST by goldstategop ((In Memory Of A Dearly Beloved Friend Who Lives In My Forever))
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To: All
Obama to Trump: 'What magic wand do you have?'
3 posted on 03/09/2018 5:40:34 AM PST by RoosterRedux (Churchill: Success is not final, failure is not fatal. It is the courage to continue that counts.)
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To: RoosterRedux

Dems: “Not to worry - we can turn this around in November!”


4 posted on 03/09/2018 5:40:48 AM PST by ScottinVA ( Liberals, go find another country.)
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To: RoosterRedux

WINNING!


5 posted on 03/09/2018 5:46:50 AM PST by ealgeone
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To: RoosterRedux

“Obama’s economy still going strong!

Sorry if the truth hurts!!!”

-comment section on virtually all leftwing news sites


6 posted on 03/09/2018 5:47:41 AM PST by VanDeKoik
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To: Aaron0617

These jobs numbers are just a deflection from the Stormy Daniels story /s


7 posted on 03/09/2018 5:57:00 AM PST by Aaron0617
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To: RoosterRedux

Good, private sector jobs, not government jobs like under Obummer.


8 posted on 03/09/2018 5:57:57 AM PST by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: RoosterRedux

Clueless.


9 posted on 03/09/2018 6:22:57 AM PST by Rennes Templar (Morning in America Again, again.)
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To: RoosterRedux
I blame the NRA!
10 posted on 03/09/2018 6:23:03 AM PST by SoFloFreeper
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To: Aaron0617
By the way, the Stormy Daniels story is falling apart fast because people are finding out she belongs in the gold digger category.

But getting back on topic, not being saddled with many of the Obama era regulations is literally saving the US economy.

11 posted on 03/09/2018 6:26:02 AM PST by RayChuang88 (FairTax: America's Economic Cure)
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To: RoosterRedux
W I N N I N G ! ! ! ! ! !..............M A G A !...................
12 posted on 03/09/2018 6:33:55 AM PST by Red Badger (The people who call Trump a tyrant are the same people who want the president to confiscate weapons.)
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To: RoosterRedux

This was so... unexpected...


13 posted on 03/09/2018 6:40:10 AM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: RoosterRedux

Here’s the inevitable question — WHAT IS THE LABOR FORCE PARTICIPATION RATE? IS IT GOING UP OR NOT?

In other words, are those discouraged workers in the past now actively looking for work AND FINDING THEM? Or are they still on the sidelines?

The unemployment rate has been below 5% since Obama’s time. However, we kept harping on the Labor Force participation Rate. We ought to do the same now.


14 posted on 03/09/2018 7:01:38 AM PST by SeekAndFind
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To: RoosterRedux

Where the jobs were, who's hiring and who isn't


15 posted on 03/09/2018 7:02:42 AM PST by SeekAndFind
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To: SeekAndFind

IIRC roughly 800,000 people moved back into the workforce and this was the highest number since 1983 (heard this on Fox Business News this morning).


16 posted on 03/09/2018 7:05:02 AM PST by RoosterRedux (Churchill: Success is not final, failure is not fatal. It is the courage to continue that counts.)
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To: RoosterRedux
Some other notable changes:

Commenting on the data, SouthBay research noted the following:

What was also quite notable was the sharp, +50,300 jump in retail jobs, which according to the BLS, have wiped out the doldrums from the recent bricks and mortar collapse, and are back to record high.

Southbay's summary: "Broad strength. Notable strength in the supply chain (manufacturing, transportation) and consumer (home construction, Lending, Retail, Leisure & Hospitality)"

Finally, as Bloomberg shows, below are the industries with the highest and lowest rates of employment growth for the most recent month: monthly growth rates are shown for the prior year.


17 posted on 03/09/2018 7:05:43 AM PST by SeekAndFind
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To: RoosterRedux

Hope the ER Drs stay especially busy attending to the RATS.

See tagline for self fulfilling prophesy.

MAGA/WINNING!!


18 posted on 03/09/2018 7:05:47 AM PST by upchuck (Keep a sharp lookout. The best is yet to come.)
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To: SoFloFreeper

I blame the NRA!

><><

That’s right. The NRA scared the employers into hiring them.


19 posted on 03/09/2018 7:06:26 AM PST by laplata (Liberals/Progressives have diseased minds.)
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To: RoosterRedux


20 posted on 03/09/2018 7:07:23 AM PST by SeekAndFind
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