February Job Reports

Tuesday, March 12, 2019

 

Last month’s job report has analyst disappointed and economist may know why. The Labor Department believes that only 20,000 jobs were added last month due to the winter weather temperatures. Colder temperatures affect key sectors like construction.

 

Other employers have also been cautious because of recent political battles in addition to stock market volatility. However, wages have grown to 3.4% over the last year and the unemployment rate has dropped to 3.8%.

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