WASHINGTON, March 8 - U.S. job growth almost stalled in February, with the economy creating only 20,000 jobs amid a contraction in payrolls in construction and several other sectors, which could raise concerns about a sharp slowdown in economic activity.
While February’s job growth was the weakest since September 2017, other details of the closely followed employment report were strong. The unemployment rate fell back to below 4 percent and annual wage growth was the best since 2009. Though the economy grew 2.9 percent in 2018, the strongest in three years, it lost momentum as the year ended. Retail sales, homebuilding, business spending and exports all declined in December, setting the economy on a slower growth path.
Source: Financial Digest (financialdigest.net)
No need to editorialize in a non-Opinion Editorial, Reuters (a British company owned by a Canadian company located in NEW YORK). Tell those 20,000 Americans that their new jobs are insignificant. We get it, you want to marginalize Trump. Just tell the fucking news please.
And what kind of jobs? ▪$70,000 salary ▪3 weeks vacation ▪Affordable group health insurance ▪Matched pension contributions Those kinds of jobs?
Is this what winning is?
Gotta slow down sometime...great run!
Bloomberg: U.S. new-home construction rebounded by more than expected in January, signaling the market is stabilizing thanks to lower mortgage rates
Missing talent, skills, etc.
You are fakenews
3.8% unemployment rate yields Reuters headline: 'U.S. economy creates paltry 20,000 jobs in February.' Reuters, you are worse than the Enquirer.
down with capitalism
I wish this will be the number of Italy too...
“Paltry”? Jesus. At least it’s an increase. How’s the rest of the world doing?
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