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   XPost: soc.culture.african.american   
   From: bksherman@twitter.com   
      
   Coronavirus or no coronavirus, President Trump’s economy   
   weathered the storm in February and remained strong, as proven   
   by data released by the Labor Department on Friday, showing the   
   nation added 273,000 new jobs in February and the unemployment   
   rate was an astonishingly low 3.5%, the lowest level in over 50   
   years.   
      
   CNBC noted, “The January and February gains tied for best month   
   since May 2018. Economists surveyed by Dow Jones had been   
   looking for payroll growth of 175,000 and a 3.5% jobless level.”   
      
   Not only was February cause for cheering, the previous two   
   months were even beteer than had been surmised, as the number of   
   jobs added in December was re-estimated from 147,000 to 184,000,   
   and January soared from 225,000 to 273,000. Average hourly   
   earnings grew by 3% over the past year.   
      
   Various sectors of the economy reported great gains in February;   
   health care and social assistance: up 57,000 jobs; food services   
   and drinking places: up 53,000 apiece; government employment: up   
   45,000; construction: up 42,000; professional and technical   
   services: up 32,000; finance: up 26,000.   
      
   CNBC stated, “In the survey of households, employment rose by   
   126,000 while the ranks of the unemployed decreased by 105,000.”   
      
   The Washington Examiner reported in early February, “For the   
   first time in its history, the Gallup ‘Mood of the Nation’   
   economic survey found that 59% of people believe that they are   
   ‘better off,’ a trend that has soared under Trump. It is higher   
   than when President Ronald Reagan made his economy a campaign   
   rallying cry and better than the so-called dot-com bubble under   
   President Bill Clinton. The survey follows several others that   
   have showed public satisfaction with the economy. Just   
   yesterday, Gallup reported a 63% satisfaction with the   
   president’s handling of the economy, and calling it, ‘The   
   highest economic approval rating not only for Trump, but for any   
   president since George W. Bush enjoyed stratospheric job   
   approval ratings in the first few months after the Sept. 11,   
   2001, terrorist attacks.'”   
      
   At the beginning of January, Dr. Peter Navarro,  Director of the   
   Office of Trade and Manufacturing Policy (OTMP), stated:   
      
   I am bullish and the reason why I’m bullish is because of the   
   underlying strength of the GDP growth engine. It’s one of the   
   four things that drive this economy: consumption, investment,   
   government spending, and exports. Every one of those under   
   President Donald J. Trump is hitting on all cylinders. You know,   
   the consumer low unemployment, rising wages, high optimism,   
   that’s going to be the anchor of 2020, but we also have five   
   trade deals that are going to kick in and force in 2020 with   
   Japan, South Korea, Canada, Mexico, and China.”   
      
   Liz Ann Sonders, chief investment strategist at Charles Schwab,   
   stated, “Now more than ever, we need to focus on the labor   
   market data. The consumer has kind of kept things afloat.” She   
   also warned, “If we start to handle things the way they’re   
   handled in Italy and South Korea, closing schools and having   
   mandated cancellations of travel and sporting events, I think   
   there’s no way we don’t start to see it in the labor market and   
   in consumer confidence and spending.”   
      
   https://www.dailywire.com/news/trump-economy-roared-in-february-   
   lowest-unemployment-in-over-50-years   
       
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)