The U.S. added 196,000 jobs in March, which was about 20,000 more than expected, according to the latest report from the Bureau of Labor and Statistics.
US added 196,000 jobs in March, vs 175,000 expected https://t.co/OUKGWKGWTs
— CNBC (@CNBC) April 5, 2019
The unemployment rate remained steady at 3.8 percent with 63 percent of Americans participating in the labor market.
The U.S. economy added 196,000 jobs in March, while the unemployment rate held at 3.8% https://t.co/mGRCV6v4P3
— The Wall Street Journal (@WSJ) April 5, 2019
Good news: 196,000 jobs added in March, Unemployment at 3.8%, Labor force participation at 63.0%. February's low number was revised upward and appears to have been a blip rather than a trend. Economic still roaring along.
— Joel B. Pollak (@joelpollak) April 5, 2019
And wages grew from 3.2 to 3.4 percent.
Better than expected jobs⤴️ 196-k in March. Better than estimate of 180-k @MorningsMaria @FoxBusiness wages up 3.2% yoy markets rally. Join us now
— Maria Bartiromo (@MariaBartiromo) April 5, 2019
This continues a streak of jobless claims that are at a 49-year low.
Latest jobs numbers show a damn healthy economy.
Payrolls +196k in March.
Positive revisions over the past two months add another +14k.
Over the past three months, the economy has produced on average +180k jobs per month. Which is smoking.
Unemployment steady at 3.8%.
— Justin Wolfers (@JustinWolfers) April 5, 2019
President Trump tweeted Thursday that the recent decision by the Federal Reserve to not raise interest rates in 2019 (after raising rates four times in 2018) was unnecessary, but this report shows that the economy is doing well despite it.
Recommended
Despite the unnecessary and destructive actions taken by the Fed, the Economy is looking very strong, the China and USMCA deals are moving along nicely, there is little or no Inflation, and USA optimism is very high!
— Donald J. Trump (@realDonaldTrump) April 4, 2019
Looks as if he was right.
Someone should probably let AOC know that the capitalist economy is doing pretty well.
”When you ask that question, you begin to question the capitalistic economy. And I’m simply saying that more and more, we’ve got to begin to ask questions about the whole society.”
– Martin Luther King Jr.
— Alexandria Ocasio-Cortez (@AOC) April 4, 2019
On Thursday, she tweeted that wages are flat.
How on earth could young people, whose:
-wages are flat
-costs of living skyrocketing
-experiencing increased social instability via bigotry, addiction, + violence
-expected to live shorter lifespans than previous gensdare question the larger economic forces in their lives?! https://t.co/CigJD9HxVI
— Alexandria Ocasio-Cortez (@AOC) April 4, 2019
They are, in fact, not flat.
Join the conversation as a VIP Member