Trump’s first full month brings massive employment BOOM

Well it looks like the job numbers are in on Trump’s first month and they are looking great:

DAILY MAIL – U.S. companies added a whopping 298,000 new jobs in February, beating economists’ expectations by more than 100,000.

The report from ADP, a global human resources and payroll firm, provides the first hard economic numbers from Donald Trump’s first full month as president.

Trump tweeted a self-congratulatory note, calling the number ‘much more than expected!’

Here’s more from the CNBC article:

Companies added jobs at a blistering pace in February, with a notable shift away from the service-sector positions that have dominated hiring for years, according to a report Wednesday.

Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody’s Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000.

The total shattered market expectations of 190,000, according to economists surveyed by ADP. The blockbuster report also solidified market expectations for the Fed to hike interest rates next week. Probability for an increase jumped to 91 percent after the release, according to the CME.

This looks like a great start. Let’s hope this is only the beginning of the growth we will see as Congress and the President continue to reform the country.

This post originally appeared on The Right Scoop

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