US economy undershoots expectations with 151,000 jobs created in February
The US economy created 151,000 jobs in February, falling short of expectations, as concerns deepen about the impact of President Donald Trump aggressive trade policy on growth. Friday’s figure from the Bureau of Labor Statistics was below the 160,000 forecast by economists polled by Reuters but above January’s downwardly revised figure of 125,000.
President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a slowdown ...
The February jobs report comes as the Trump administration continues large-scale layoffs of government workers.
US stocks dipped in mid-morning trade in New York, with the S&P 500 down 0.6 per cent and the Nasdaq Composite off 0.7 per ...
President Donald Trump’s flurry of tariffs, government layoffs and spending freezes may be doing more to harm the U.S.
Job growth in the US continued last month, although at a weaker rate than expected, as questions rise about the prospects for ...
President Donald Trump on Friday sought to take credit for a February surge in manufacturing jobs, citing the gains as evidence his policies are paying off even amid signs they are sparking broader ...
U.S. job growth was weaker than expected in February, although still strong, according to the Labor Department's first jobs ...
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