152,528,000: Record Number of Employed in February; Participation Rate Rises

A record 152,528,000 Americans were employed in February, 447,000 more than in January, and the labor force participation rate went up, the Labor Department’s Bureau of Labor Statistics reported on Friday. Sixty-three percent of Americans either held a job or actively looked for one in February, the highest participation rate in ten months. The number of Americans not in the labor force continued to drop, to 94,190,000 in February, 176,000 fewer than in January and well below the record of 95,102,000 set in December 2016. And there’s more good news in the February jobs report, the first one to cover a full month of the Trump presidency: According to BLS, the economy added 235,000 jobs last month and the February unemployment rate dropped a tenth of a point to 4.7 percent. The 94,190,000 million people counted as not participating in the labor force in February includes millions of baby boomer retirees, students, the disabled, homemakers and others who do not work for various reasons. But this number is important because many of those not in the labor force receive Social Security, Medicare, Medicaid, health insurance subsidies and other entitlements that come partly from the taxes paid by those who do work.

Some more great economic news that the tools in the dominantly liberal mainstream media don’t want you to know, as it undermines their agenda…which has just been a non-stop, pathological, hysterical fixation on hating Trump..just because.  They have nothing, and they offer nothing positive.  And they’re still in denial of the last election.  So, they’re in hysterics.  I think if Trump found the cure to cancer they’d still find something to attack him over, and then attribute the cure to Hillary somehow.  It’s truly mind-boggling.  Anyway, to read more of this article, click on the text above.  Then, show it some of your IQ-challenged friends and family members who are drinking the koolade at MSNBC and other worthless outlets of “fake news.”

 

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