Today's Jobs Report Was Disappointing

Today’s job’s report was disappointing but there was also some good news. The February jobs report shows the U.S. economy added just 20-thousand jobs. 24/7 News Source reports that economists expected to see 180-thousand jobs. It's the worst month for job creation since September 2017, but economist say it's more a sign of a sluggish first quarter than a warning about a recession. 

Now the good news, the unemployment rate fell to three-point-eight percent. It was four-percent in January. Also, average hourly earnings increased by three-point-four percent on a year-over-year basis.

Tom Sipos

Tom Sipos

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