Job Growth SMASHES Expectations for February with 273,000 NEW JOBS! Unemployment Falls Back to 3.5%

Amazing news coming out with the Jobs report Friday morning as 273,000 new jobs were created in February under the Trump Administration and the Trump economy.

Nonfarm payrolls rose by 273,000 in February vs. a 175,000 estimate, while the unemployment rate edged lower to 3.5%.

Job gains were widespread, with health care adding 57,000 to lead the way.

December and January’s estimates were revised upward by a total of 243,000.

The Labor Department reported Friday that the U.S. economy added 273,000 new jobs during the month, while the unemployment rate was 3.5%, matching its lowest level in more than 50 years. An alternative measure of joblessness that counts those not looking for work and holding part-time jobs for economic reasons edged higher to 7%.

The January and February gains tied for best month since May 2018.

You can read more from our friends over at CNBC.

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