I like Trump, because he's good for our economy, unlike Obama and unlike Hillary would have been. Trump is making America's economy great again. You should be happy. It means our government will be able to afford more of those Entitlements and Welfare programs your party likes so much for all the voluntarily unemployed among the liberal population.
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Record 1 Million Full And Part Time Jobs Added
While the headline payroll print of 313K was impressive, a look under the cover reveals even stronger data: first, the Household Survey showed that a whopping 785K jobs were added in February, while the number of unemployed Americans rose by only 22K, and with the labor force rising by 806K, this explains why the unemployment rate remained unchanged at 4.1%.
But what is even more notable is that when looking at the breakdown of job additions, one finds that in February, a near record 729K full-time jobs were added, the biggest monthly increase since last September's 794K...
... while at the same time, an additional 277K part-time jobs were added to the economy.
What is curious is that while historically strong full-time months had been offset by weak part-time, and vice versa, February was an outlier, with both categories showing major gains. In fact, the combined gain of 1,006,000 full and part time jobs, was the biggest monthly gain this century.
As a result of this blockbuster monthly jobs number, expect a tweetstorm from Donald Trump any moment now. |
