Saturday, March 11, 2017

Lilly anthony-U.S. economy added 235,000 jobs in Trump's first full month

Summary: Trump has promised to create 25 million more jobs over the next ten years, and in just the month of February, the U.S. economy added 250,000 jobs. “The economy is showing other signs of strength: Consumer and business confidence is high, and stocks are at record levels.” With raising wages and rates, it’s easy to say that at the moment, Trump’s plan is going very well. Construction companies have had a large increase in jobs, but some believe the cause of that is the warmer weather. However, retail sectors saw a decrease of 26,000 jobs in February. Now there is a possible chance for the Federal Reserve to raise interests in the next week.

Analysis: This article explains some improvements that have come with Trump’s presidency. It’s great to hear that more people are being supplied with employment. These days it’s easier to look at all the downsides of what Trump will do, but it’s also important to acknowledge what good has come from it also. Franklin Roosevelt made over 7,000 jobs possible in the first term of his presidency, twelve years after the stock market crash.


http://money.cnn.com/2017/03/10/news/economy/february-jobs-report/index.html

1 comment:

  1. This is a great move for Trump! Most of America is very concerned with the availability of jobs and this is quite good for our economy!

    ReplyDelete